Never a bad sign. Has been buying on market for months and months.
With $2.5m+ cash at these prices the EV is less than $1m. Stakes in Uranium projects worldwide, Gold and Magnesite in the Philippines and Iran and then 40 acres of land freehold in Fiji there is a few things which could be catalysts for interest.
Then there is the buying up of DTR which they now own 20% of. Last traded at 1c so only worth at $200k, presumably there is some reason for the buying of what is basically a shell and traded at higher prices just last year. Another interesting dimension to it all.
The half-year report makes for interesting and intriguing reading.
SXX Price at posting:
0.3¢ Sentiment: None Disclosure: Held
