SRZ 6.67% 1.6¢ stellar resources limited

$100m NPV versus $14m market cap, page-87

  1. 1,109 Posts.
    lightbulb Created with Sketch. 1324
    So they have a supposedly big resource that requires more drilling and still no feasibility studies. Poor management decision for a capital raise at 1c. Feel like they could have gotten a lot more given the SP of late.

    What exactly is the market pricing in in the SP? Tin price if course.

    everything i see in these threads is about tin price going to the moon and not about the company itself. Wonder why, probably not a whole lot to talk about apart from potential resource and tin price. What performance have we seen from the company to give the SP a rise? They have been drilling for 15 years and plan to only drilling for the next 15-18 months. Are they just hoping to sell their resource? What is the goal for these guys, certainly doesn't seem like they want to produce and yes I know if they did they would still be a few years off.
 
watchlist Created with Sketch. Add SRZ (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $33.27M
Open High Low Value Volume
1.7¢ 1.7¢ 1.5¢ $5.073K 313.5K

Buyers (Bids)

No. Vol. Price($)
6 2730365 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 524827 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
SRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.