SRI 0.00% 1.7¢ sipa resources limited

blue sky sri, page-3

  1. 6,725 Posts.
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    Gday P,
    I know you've been in this one a long time so it depends on your average price I guess. Taking up the SPP or buying in the current trading channel will be you closer to the money.

    Surely you must be encouraged to see SIPA in a position to aggressively four quality projects near term? Traders actively seek these speccies out and SRI would not have flagged itself to many as yet. IMO there is still time to buy near the SPP price but that could end with one good announcement upward pressure could begin with results from Warrego, oversubscription of the SPP, coverage by a tip sheet or to a lesser extent ALY results or even RHM results. And it could start today.

    Anyway, like all speccies this is a punt. I like the Jockey (management) The horse (their ground) and the odds (4 projects). I'm tipping this is my Pharlap.

    Wishing you the best of luck.

    O
 
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