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0.00% 3.8¢ strike resources limited

I get 12c cash backing now The $27m cash from the LEL T/O would...

  1. Wise_One
    17,232 Posts.
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    01/05/24
    12:53
    Post #: 73607242
    I get 12c cash backing now

    The $27m cash from the LEL T/O would make for a very nice capital return of 10 cents per share

    Then they have 7m existing cash remaining for another project

    Almost unbelievable this is trading at 50% discount to cash, but IMO that changes tomorrow when LEL comes back on.
    SRK Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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