SRZ 0.00% 1.7¢ stellar resources limited

they hold 2% MLX and 20% of SRZ Don't think they can influence...

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  1. 20,479 Posts.
    lightbulb Created with Sketch. 2024
    they hold 2% MLX and 20% of SRZ
    Don't think they can influence the MLX SP much but they can certainly suggest a script TO with a better MLX price providing an implied TO that is much higher
    For example at a SP of 38c MLX could offer 30% more for SRZ and ensure a much higher probability of success.

    Another way to look at it is Neor has a free option on MLX in that they can increase their holding in MLX via the facilitation of script TO of SRZ

    I have to admit, reading TrouserGhecko posts , i think i am being much too conservative on the upside
    He makes a good case that this could trade in the 2c 3c and even 4c range

    My thesis has been a TO, but i can see a growing resource may indeed provide significantly more upside medium term
 
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