SIR 0.00% $2.52 sirius resources nl

Ann: Mines & Money Melbourne Conference Presentat, page-4

  1. 1,858 Posts.
    re: Ann: Mines & Money Melbourne Conference P... we all know wot a good story this is.
    It's only 7 months ago that they reached their all time high of $5

    Since the a fall in commodity prices has hurt everyone and only now have the big player recovered, eg BHP RIO FMG.
    But the Nickel & copper players,WSA MBN DML etc to name a few, are all struggling.
    This is a world that turns quickly and SIR have time on their side as production is 4 years away.
    All we need is Europe & US to get their acts togethr and China will then fly and our commodity stock with them.

    The only impediement could be finance, they need to borrow the lot ($480m ) as I'm sure Creasy thou wealthy does not have the $144m in cash for his share ( 30% ) of the development costs, he can borrow for sure or dilute which will not happen IMHO.

    By this time next year we will know!!!!
 
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