SSC sultan corporation limited

below 2c wrap

  1. 2,211 Posts.
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    ouch... just ouch.

    - CR @ 2.2c (?)
    - Phosphate announcement by media, "in the bag", pushes SP to 2.4c
    - Phosphate announcement by SSC, "not in the bag" pushes SP back to 2.1c
    - Bruised egos and lack of confidence now pushing it below 2c

    How low will we go?

    I originally bought SSC @ 1.1c in January this year, and have been kicking myself since for selling it at 1.8c, and re-buying @ 2.9c average.

    Sultan need some wins on the board. We are nearing 1.1c again, and I think it's quite possible that we will hit it very soon.

    - Monty BFS is in the works
    - Peelwood still awaiting approval
    - other projects?
    - plus the Togo prospect...

    Lots of projects, lots of potential. I understand the need to have multiple projects on the go at once, given the nature of the company not currently producing, but have they bitten off more than they can chew?

    Get some wins on the board and we'll all be happy campers!
 
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Currently unlisted public company.

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