ASR 0.00% 0.5¢ asra minerals limited

Ann: Proposed issue of Securities - TNR, page-120

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  1. 1,608 Posts.
    lightbulb Created with Sketch. 108
    We all knew they would continue to drill this year and we all knew they would need to raise. No question.. no problem.

    I accept their reasoning for doing it right now.

    I will never accept the options though but i wont go on about them. CAI and SHH both had no added sweeteners to their ann raises today. One is bigger than us and one is smaller.

    The real test for me will be to see if embelishments have been made about the expectations of significant resource upgrades, the sticking to deadlines and the behaviour of the depth and market action.

    And now cash is in place I think it is about time we see Diorite results. We paid the money for the drilling so lets see the results. Does not distract from any Mt. Sterling stuff. No more excuses.

    Like you Redking I'm in rethink strategy mode based on next few weeks results and gonna lay low.

    Thanks for all the informative posts and good luck to all.

    Cheers and hope TNR rips.
 
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