scimitar very cheap u 25mil shares, page-3

re: could be a 5 bagger with u/au/ni There is heaps going behind the scenes for SIM. A lot of tenements has not been mentioned yet. Going to be very interesting now especially with very LOW share issue and tightly held shares.

SIM - 25,403,336 shares on issue

Market CAP only $12.5 mil at todays close of 49.5c.

Have researched this last year, but not up to date on recent developments and not checked recent tenement applications.

IMO this baby is heading for first stop $1..... Drilling within 2 weeks.

Think about it and DYOR......

Just had a quick check on their tenements & projects - www.scimitarresources.com.au

URANIUM
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WEST AUSTRALIA
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Yanrey Uranium Project - WA (U)
- 7 EL's

Beadell Uranium Project - WA (U)
- not sure how many ELs

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SOUTH AUSTRALIA
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Lake Frome Uranium Project - SA (U)
- 6 EL's

Glencoe Project - SA (Cu-Au±U)
- not sure how many ELs

West Lake Frome Project - SA (U)
- not sure how many ELs

Marree Project - SA (U)
- 4 EL's

Mawson Project - SA (U)
- 1 EL

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NORTHERN TERRITORY
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Eclipse Uranium Project - NT (U)
- 4 EL's

Amadeus Uranium Project - NT (U)
- 3 EL's

GOLD & NICKEL
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Bardoc Tectonic Zone Projects - WA
Bungalbin - WA
Mount Elvire - WA