S2R 4.35% 11.0¢ s2 resources ltd

Is S2R the best story in the mining space at the moment, or ever?, page-70

  1. 2,839 Posts.
    lightbulb Created with Sketch. 530
    Will depend on future drilling results and, to a much lesser extent, movements in the POG. You can't expect them to keep rising indefinitely. They've had a great run and probably due for some consolidation and profit taking.

    More drilling is due for late August and the share price may begin to rise again in anticipation.

    If more great results come in, then $1+ well within range by XMAS.

    Of course, 'unknowables' like deals, a big institution taking a position, coverage by a major advisor, or a deterioration in POG could also impact.

    I personally believe downside is limited because of discoveries already made, the reputation of the exploration team and significant assets to be drilled.

    Cheers,
    Just my opinion, so DYOR.
 
watchlist Created with Sketch. Add S2R (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $49.81M
Open High Low Value Volume
11.0¢ 11.0¢ 10.0¢ $45.21K 443.3K

Buyers (Bids)

No. Vol. Price($)
1 95238 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 65439 2
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
S2R (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.