SSC 0.00% 1.1¢ sultan corporation limited

about to develop mine, page-28

  1. 7,809 Posts.
    I personally think the market condition today took the puff out of SSC's sails .

    Todays investor presentation is a bit like an advert for a really cheap fleet car . It catches your eye and you look at the price, but until you've had a test drive(site visit) and spoken to the seller (management) to ask the gritty questions you probably aren't going to buy it as your fleet vehicle . That's what the broker briefings are for .


    I'd say with volume picking up and the price creeping up the reality is real interest is growing and an expectation exists or at least emerging that a rerating will occur .

    No doubt brokers who test drive the site and talk to the managers will ask the questions that will justify giving them the inside confidence to get behind the company and get their clients involved to make a profit on their investment .

    It looks like sub 2 cents is gone and I'd say that any further dips will be the final opportunity to get a pre broker inspired investment . I would expect that by the time the next JORC report comes out in July some brokers will have their clients set for a rise in resource value .

    For us who are outside the opportunity to site visit, the next few weeks should be a prime time to buy . That's my plan anyway .



 
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Currently unlisted public company.

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