SRR 8.33% 2.2¢ sarama resources ltd

Ann: Sarama Corporate Presentation - RIU Conference - Sydney, page-12

  1. 74 Posts.
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    My pick of Andrew Dinning's language has been that he does not want to sell the deposit and that he will only sell if he thinks that it has been drilled optimally.

    Every time I have heard him say that drilling is rarely beyond 70m I imagine him thinking in his head that the resource could double with an expanded and deeper drill program.

    I want money spent on drilling when it can be raised with little dilution, CHZ offer supports we could conservatively value SRR at $100 million. So Endeavour, give SRR an offer, provoke a rerate and then SRR can raise for drilling.

 
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