Genuinely think this is a big catalyst for 2 reasons
- enough money to drill and progress the project in a meaningful way that hasn’t been done for a while
- a significant and very successful shareholder taking an immediate 16.6% position , positioning them as a deal maker or a funder to development
stellars key issue was lack of cash and progress on their Tin asset - both now addressed . If you look at market cap or some peers with lesser assets - one realises the value here
I only stumbled on this as I am an MLX investor and am bullish on Tin - glad i did
my understanding is the company didn’t seek funding but was approached — that’s also a positive
Genuinely think this is a big catalyst for 2 reasons - enough...
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2.0¢ |
Change
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Mkt cap ! $38.83M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 1.9¢ | $65.73K | 3.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1712483 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1140965 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| SRZ (ASX) Chart |