SRN surefire resources nl

THanks for sharing Daicos, I wasn't fully aware of the details...

  1. 293 Posts.
    lightbulb Created with Sketch. 318
    THanks for sharing Daicos, I wasn't fully aware of the details so it was a great reference point for my own research.

    I note the point about covering up to 50% of eligible expenditure, and compare that to the note in the quarterly below

    https://hotcopper.com.au/data/attachments/6139/6139745-da8f4eb80f7cb95f8b39cc7ccac4cc9d.jpg
    Something doesn't add up to me, unless I am missing something? Where is the company going to come up with it's $14m to meet it's 50% requirement?

    As others have said, application decision should be very close, let's hope its favourable and my points above are mute. Let's also hope it is disclosed to the market regardless of the outcome.

    I was disappointed with the MoU section only stating the details of the MoU's, which the market was already aware of, with nothing being shared about work completed to date, visits from Saudi reps etc which have previously been mentioned. Again happy to be corrected?

    Cash position being less than 2 quarters, so close to the recent CR, from which the SP hasn't recovered, is concerning.

    Fingers crossed for a rabbit or two to be presented shortly.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $4.972M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $10.34K 5.172M

Buyers (Bids)

No. Vol. Price($)
74 203236718 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 9347346 2
View Market Depth
Last trade - 15.56pm 25/06/2025 (20 minute delay) ?
SRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.