Pretty awful report by Peirpoint on SLR on pg 40 of the AFR at the Diggers & dealers. Basically says that a complete fraud of a spriucker called "Leo" recommended it and that this "surprised" him. Sounds a bit like backhanded endorsement of the company but then goes on to implicitly bag them by quoting the dubious source that was recommending them. Ends up by pointing out the Les Davies had the "deathbed" shift at D&D (i.e the at presentation) and that when LD said 79,000 holes had been drilled at Mt Monger which could hardly be described as under explored but as these holes were not greater than 50 meters thus exploration was likely to be expensive. Final recommendation was to throw his 15,000 shares (@ 70c) in the bottom draw and "wait a decade or two".
- Forums
- ASX - By Stock
- SLR
- AFR Report pg 40
AFR Report pg 40
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
Previous Video
Next Video
SPONSORED BY The Market Online