SSC 0.00% 1.1¢ sultan corporation limited

buy, buy now buy buy, page-18

  1. 14,549 Posts.
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    Cash on hand was I thought around 1.7 mill after the last CR...?
    D12 spot on. I think a few of us long termers do understand the need of PWN getting into production asap because the importance of a very useful cash flow of around 7-8 mill per ann. I think the Co is well aware of this and would be doing everything they can to get the govt approvals sorted. The biggest short term hurdle for PWN is to get the water studies sorted because of the major impact it has on our mine.
    For a speccie like SSC cash is king in this environment and I see PWN into production asap a big milestone for the Co because it then no longer becomes an explorer but a producer.
    Monty for me was and always will be the Co maker so an update on JORC for Monty will see a serious re rate in our Co because of the added value it brings to SSC. A resource 20 times bigger than PWN will see imho alot more interest from Insto's in particular Euro ones given Monty's location.
    Finally the AU drilling in Peelwood will be a nice icing on a pretty big cake esp if the inital drill results are positive. I suspect the Co must be very confident of good grades after the last samples as they are progressing with a drill campaign asap.
    Like a few on here have mentioned alot of news is in the pipeline I just hope we start with PWN first.
 
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