SRN 0.00% 0.7¢ surefire resources nl

Ann: Appendix 2A, page-14

  1. 727 Posts.
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    Some fair points made in this thread

    Of course 30 % Dilution is going to affect the SP in short term

    But they got money in the bank and no need to raise anytime soon which is a positive

    Dilution ( Capital raisings ) is one of the most critical part of a resources company's life cycle and it is unavoidable !

    My focus is mainly on the massive discovery they have made and I am super excited about " Results from the remaining 12 drill holes expected in the coming weeks "

    https://hotcopper.com.au/data/attachments/2730/2730956-f8aa75a9befb4751cde676f68d447864.jpg
    There might be a little selling at open due to some traders ( I wont call them investors ) may lock in some short term profits but it will be short lived and people who understand how big is this THICK , SHALLOW and HIGH GRADE discovery , will support it at any weakness

    Still an exploration gamble so please DYOR

    ALL IMO

    Bhavdip


 
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