SRN 0.00% 0.7¢ surefire resources nl

My DD notes say oppies are in the money - 361 million strike...

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    My DD notes say oppies are in the money - 361 million strike 30/06/2022 @ $0.006. (value $2.2 mil)

    They are 0.8c in the money and trading at about that giving a x2 leverage.

    Current cash is $3.4 million (30/06/21) with cash burn of $1 mill of which 75% is exploration.

    So on those figures things look sweet so long as current drilling at Yidby continues growth trend.

    Stay safe DYOR
 
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