There's obviously a few new eyes on this after today's rise. One of the reasons i'm a holder is the link between Iondrive / Strata Holdings (ASX-SRT) and legendary resource investor and former Sprott director Rick Rule.
As far as backing management teams goes, in my book there is no greater endorsement than the fact that Strata recently presented at the Rule Investment Symposium. Each company is screened and invited - there is no pay to play. Strata hold 17% of shares in Iondrive and Michael McNeilly who presented at the Rule conference sits on the board of both companies. That combined with the Flannery Family's 15% make it a reasonable risk/reward play at this stage imho.
Latest coporate presentation: https://hotcopper.com.au/threads/ann-updated-corporate-presentation.8150301/
Ann: $6M placement to fund recycling pilot plant & presentation, page-3
Add to My Watchlist
What is My Watchlist?
