SSC 0.00% 1.1¢ sultan corporation limited

announcement, page-7

  1. 427 Posts.
    drilling is expensive and time consuming. the purpose of it is to find and define a JORC compliant resource. Once this is done can put a numerical and dollar estimate value of the resource. Since SSC doesnt have to drill, they dont have to spend too much money or go to the market to raise money. Once they have a JORC compliant resource shareholders have a better idea of where the company and SP is going. So, IMO SP will rise in anticipation of JORC compliant resource. Maybe not straight away but over the next two months in the lead up to the results. DYOR, only my opinion
 
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