SRN 10.0% 0.6¢ surefire resources nl

3.4c initial Target followed by 5.1c, page-308

  1. 2,247 Posts.
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    Can anyone tell me the strength of SRN

    I read SRN today's activity report and cash flow report that doesn't look great to me!

    SRN has nearly 1.4 million in the kitty! and estimated quarterly expenditure is around 200K for Dec 2020.

    Not enough funds in the kitty and not enough estimated expenditure for drilling etc

    Am I missing anything about SRN? Could someone in this forum tell me?
 
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