STK 0.00% 11.5¢ strickland metals limited

Ann: RC Drilling Completed at the Django Prospect-AYR.AX, page-59

  1. 9,282 Posts.
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    Well, time to ditch plan A then. The drilling, while not a total disaster, failed to meet expectations and the SP has lost 40% thus far.

    More losses can't be ruled out.

    Plan B therefore could involve averaging down, but that would once again break the rule of not punting on exploration drilling. See what happens when you do.

    Plan B therefore involves sitting pat and hoping the inevitable capital raising happens after the next drilling results.

    C'est la guerre.
 
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