SMR stanmore resources limited

Obviously hugely dependent of coal price outlook going forward,...

  1. 1,255 Posts.
    lightbulb Created with Sketch. 160
    Obviously hugely dependent of coal price outlook going forward, but the majority owner wouldn't be taking up all their rights, (probably taking up a large shortfall) and backing the debt, if they thought this purchase was a flop.

    I will be very interested to see where the share price gets to during the rights period and how close GEAR (and related parties) get to 90% of shares on issue.
 
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