About 3 weeks ago I called management regarding sc55. I have had $100k in OEL for nearly 2 years waiting for the drill. Think the CEO is Matthew Allen who I spoke to. He said that they put a tender out for a farminee partner to 100 companies and 15 were interested. Out of 15 there are now 4 interested parties left. It is getting a bit like the roulette table with only 4 players and Matthew said that it is unlikely they will drill on their own as it is too high risk and capital intensive. I don't know if I am doing the right thing or not but wanted to protect my capital. Very frustrating to see the price go up now I have jumped, maybe there is something in the wind. Good luck to all that hold and I hope sc55 in a winner.
Why no love for SC55, page-2
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $313 | 26.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7002714 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 11965451 | 19 |
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| Last trade - 13.00pm 19/06/2024 (20 minute delay) ? |
| OEL (ASX) Chart |