SSC 0.00% 1.1¢ sultan corporation limited

announcement out, page-24

  1. 1,854 Posts.
    Renes,
    I think we all agree that something is cooking and whatever it is it's substantial.

    A bit of a pity that the AO had a red day today and that this very good announcement did not get the recognition it deserved.

    There is another possibility which we probably haven't considered with regards to Peelwood.

    The Co advised us that the sampling programme has returned some significant Au results.
    Let's say that the drilling does confirm those significant results.
    Let's also say that Newmont which is actively exploring in the vicinity of our tenements also confirms significant Au results on their tenement

    Let's remember that Newmont is the worlds largest gold producer and have already confirmed 3M ounces of Au in the near vicinity to our tenements.

    Wouldn't you think that it would make sense for Newmont to buy Peelwood project from SSC?

    This would allow us to develop Monenegro without any further CR and thus without any further dilution.

    This is only my own hypothesis so please feel free to post your views.
 
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