STK 5.06% 7.5¢ strickland metals limited

Ann: Multiple New Targets Generated at Iroquois, page-7

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  1. 1,075 Posts.
    lightbulb Created with Sketch. 873
    I'm not sure this can get to $1 but that'd be really nice.
    The problem I see at the moment is they're burning heaps of cash chasing several targets because they haven't determined which asset is best to focus on yet.
    Millrose or Iroquois, a decision needs to be made based on the upcoming drill results and then pin the ears back IMO.
    It's going to be raise after raise if they keep trying to drill these out together and the resulting dilution will be madness.
    Still bullish and like the management so this isn't a downramping. Just an observation!
    IMO DYOR
 
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