Hi Ellie.
This is a somewhat difficult one as we do not know yet how they will pay Murchison $ 10 million and if it is to be via a rights issue or placement there could be downward pressure on the shares .
Tin looks as if it has turned upwards however bear in mind that the Indonesians were not able to fully control tin miners and I believe that is a reason Tin went down so much , ie a lot of extra uncontrolled supply .
The deal looks good for SRO I must say .
I have the share on my radar screen , having researched it somewhat .I understand that Mr Seville is a very able gentleman.
I believe they have been tipped by some Firms which I never favour as of the old school am I , the saying goes 'where there is a tip there is a tap'.
They look very strong to me, they have done quite a few things I like on the charts , so They could go for a trot .They even touched the 20 Turtle buy,importantly with an upward slant Yesterday.
They are also rising without any announcements that I have seen from the Company.
I am not advising anybody , everybody should carry out their own research.
Best wishes to you Ellie
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