SRR sarama resources ltd
Add to My Watchlist 2.33% ! 4.4¢

Fortuna bought just chesser resources for about 80 MillIian...

  1. austrochris
    92 Posts.
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    12/05/23
    04:40
    Post #: 67733543
    Fortuna bought just chesser resources for about 80 MillIian Canadian Dollar . Chesser has a resource of 860 000 ounces - 1,8 gramm /ton .
    Sarama has now over 3 Million ounces and is valued much much lower . I think sarama has a much better strip ratio than chesser .
    Chesser is in senegal and sarama in burkina faso. The first oxide phase would be around 2 g/t for the first several years, that is incredibly high grade for near surface presumably low strip oxide ore.
    It is clear that an explorer needs money . Make your own research , the first oxide phase could have 400 to 500 MIllion Dollar NPV / gold 1900 Dollar . For me sarama is a buy !
    SRR Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
4.4¢ 		Change
0.001(2.33%) 		Mkt cap ! $16.13M
Open High Low Value Volume
4.4¢ 4.4¢ 4.3¢ $21.60K 491.1K

Buyers (Bids)

No. Vol. Price($)
1 300000 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 312296 1
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Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
SRR (ASX) Chart
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