Johnny Boy
It does looks good, the fact that the price is still over $3.00 after new hope pulled out...... for now.
Intelligent investor had a price target of $3.30 on RSP and that was before the takeover games begun.
Add another .40 .50 cents as a takeover premium and that should take it closer to $4.00 before management let go of the company.
Hold on people they will pay more as it will cost twice as much to build a mine from scratch these days and that's if they can get enough staff and equipment.
Cheaper to pay a premium for existing companies...
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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