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2.2¢ sarama resources ltd

I can see EDV really interested in this one, more or less a copy...

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Thermonucs

32 Posts.

1

13/05/23

18:50

Post #: 67759723
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Originally posted by Si1062: ↑

My pick of Andrew Dinning's language has been that he does not want to sell the deposit and that he will only sell if he thinks that it has been drilled optimally.

Every time I have heard him say that drilling is rarely beyond 70m I imagine him thinking in his head that the resource could double with an expanded and deeper drill program.

I want money spent on drilling when it can be raised with little dilution, CHZ offer supports we could conservatively value SRR at $100 million. So Endeavour, give SRR an offer, provoke a rerate and then SRR can raise for drilling.

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I can see EDV really interested in this one, more or less a copy paste of Hounde mine. Vertical and continuous orebody, underdrilled, open at depth. No brainer imo.

SRR Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $1.94M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	100000	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	50000	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.017
1	500000	0.016
1	66665	0.015
1	83000	0.012
1	99990	0.010

Price($)	Vol.	No.
0.022	50000	1
0.027	249999	2
0.028	100000	1
0.038	50000	1
0.045	88778	1

Last trade - 09.44am 17/06/2024 (20 minute delay)

SRR (ASX) Chart

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