Ann: Successful $15M Capital Raise and Media Speculation Response, page-6

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binwood

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22/01/19

09:21

Post #: 37182531
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Originally posted by Cashmeoutside ↑

if the board deem that 38cps grossly under values the company then why aren’t they buying and supporting the SP when in the 20’s? Were they privy to news which prevented them from doing so?

Infill drilling to upgrade the early mine life into measured category.. how has this not been done already? Can someone explain to me again how to get into measured cat? Drill spacings are tighter? Strange that this has not been done.

It all looks fairly positive but have to agree that the amount of financial advisors, lawyers, bankers, IR folk seem to be a bit overkill but it shows they are serious. Hopefully they stop blowing cash on corporate G&A and use more money for exploration.

Nothing mentioned about T22 yet last update showed a drill hole was in progress. Also no detail on the drill campaign- they stated a “
substantial drilling campaign is planned for early 2019 to target some of the most compelling domes and structural targets in the T23 Dome area.” And that they’d explore 60km of soil anomaly’s. Be good to get some detail on drill program but this may come with quarterly..

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I would assume if SFR was spending time in data rooms etc that that would be considered price sensitive information and prohibit trading? Could be wrong though

MOD Price at posting: 22.0¢ Sentiment: Buy Disclosure: Not Held
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