SRN 25.0% 0.5¢ surefire resources nl

Ann: Extensive Copper-Zinc zone discovered at Yidby Project, page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,837 Posts.
    lightbulb Created with Sketch. 457
    Without a maiden resource estimate, I disagree...

    They need to advance the main gold discovery further for it to attract good $$.. Still explore the wider ground to a lesser extent but focus on developing the main body.

    Vanadium market is in a trough at the moment, and there is uncertainty with the steel market which puts further pressure on it. In light of this, I expect a methodical approach is being taken and from SRN's perspective, there is certainly no hurry to produce and sell Va in a subdued market. Make all the right inroads and get set up now. Develop to take advantage of eventual shorter supply and accompanying price recovery. Surely that is the game IMO. Granted that's not the ideal vision of timeline for some, such are the times.

    They need to use some of their other tenements to muster attraction in the short term, so that's why I am happy some focus remains on Yidby.. Kooline or Perenjori West might be worth a deeper look too.



 
watchlist Created with Sketch. Add SRN (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $9.931M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $1.95K 390K

Buyers (Bids)

No. Vol. Price($)
10 5853258 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 17122787 13
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
SRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.