SRZ 0.00% 1.7¢ stellar resources limited

Does anyone own this stock, page-7

  1. 20,478 Posts.
    lightbulb Created with Sketch. 2023
    Its is promising because the level of ownership is telling - just under 20% is no accident
    Nero have global reach and may shop the asset around , They may wait until a bit more drilling is done to further grow reserves, but either way the Tin asset has come back to life. I don't think Stellar long term is the natural owner of this asset, I think MLX is but its grade is such that it may be of interest to a mid cap resource company, here or abroad. I think Nero will make sure value is realised , and of course they benefit in the interim

    To me at least its very obvious what they are doing - and the outcome either growth of reserve or sale will realise a substantial premium.
    The options strike of 1.5c also incentivize an ultimate SP of 1.5c plus
 
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