SRZ 5.56% 1.7¢ stellar resources limited

Does anyone own this stock, page-7

  1. 20,425 Posts.
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    Its is promising because the level of ownership is telling - just under 20% is no accident
    Nero have global reach and may shop the asset around , They may wait until a bit more drilling is done to further grow reserves, but either way the Tin asset has come back to life. I don't think Stellar long term is the natural owner of this asset, I think MLX is but its grade is such that it may be of interest to a mid cap resource company, here or abroad. I think Nero will make sure value is realised , and of course they benefit in the interim

    To me at least its very obvious what they are doing - and the outcome either growth of reserve or sale will realise a substantial premium.
    The options strike of 1.5c also incentivize an ultimate SP of 1.5c plus
 
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Last
1.7¢
Change
-0.001(5.56%)
Mkt cap ! $35.35M
Open High Low Value Volume
1.8¢ 1.8¢ 1.7¢ $58.59K 3.394M

Buyers (Bids)

No. Vol. Price($)
3 1469312 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 1599132 1
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
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