XAO 0.35% 8,039.9 all ordinaries

Short Term Trading Week Starting: 9 July, page-85

  1. 2,345 Posts.
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    STTCOMP SRN, FA LONG
    420.3m SOI
    5.88m MC undiluted at .014
    Cash ~2.2m
    EV 3.6m!!

    This thing should be trading at 2c plus on a bad day. And even more on a firing market! But alas I may be prematurely getting back in the ring too early. But V runners today has me emboldened.

    CPS re-capped it, churned it, crunched it and gave themselves about 60m oppies with the accompanying 1.2c ENT offer (SRNOB) and there’s also contribs in the recap, so ultimately if they run this past 2c there’s a lot of cream.

    - Established resource of 86Mt @0.42%V2O5 (at cut-off grade 0.3%V205) and currently diamond drilling for metallurgy and any high grade extensions
    - Plus for those silver bulls.
    Kooline Project - High-Grade Lead/Silver
    The Kooline Project is centred 55 kilometres south of the Paulsen’s goldmine within the
    Ashburton province of Western Australia. The project area tenements cover a total of 386
    km², and more importantly, includes 48km of contiguously striking licences linking a number
    of clusters of historic artisanal high-grade lead/silver workings

    If it’s not now she’ll be running sometime soon. One for the radars guys and worth a look for those VRB bulls!
 
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