If it is an underwhelming MRE, save money for REE and critical mins exploration for now until RED are ready process some of our dirt.
Whatever happens they have to stop diluting SH and weave some magic, like they are prone to do (tarmoola/bullion X) by leveraging some of the things we do have for cash until they can prove REE at depth and raise at much higher prices.
Simple as that.
Cause if the market is not impressed nobody is going to be interested in a raise for another 25000 m drill program at Mt Sterling to wait another year with potential delays and another MRE the market doesnt like.
However, I'm quietly optomistic in the next month of news..... although disappointed all the results in the companies possession, e.g., sterling well have not been released in stand alone announcements. i just hope its not because they are NSI, which we will know soon enough.
I dont think it will be delayed. If its not coming in June they would know by now and I know they would give SH the courtesy of that information.
Mode hope you are well and we can celebrate a tangible positive on here really soon.
ASR Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
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