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1.7¢ stellar resources limited

Are you thinking of another Nero? Nero Resource Fund is newish...

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hightrax

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22/02/24

16:43

Post #: 72541930
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Originally posted by Autosime: ↑

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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Are you thinking of another Nero? Nero Resource Fund is newish and based in Perth. Same one?

SRZ Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $26.40M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.7¢	$30.71K	1.707M

Buyers (Bids)

No.	Vol.	Price($)
6	3844921	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	150000	2

View Market Depth

No.	Vol.	Price($)
6	3844921	0.017
6	1575000	0.016
6	2765500	0.015
5	2671450	0.014
2	850000	0.013

Price($)	Vol.	No.
0.019	150000	2
0.020	2681870	4
0.021	1210000	2
0.022	500000	1
0.023	1400000	2

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 1.7¢			Change 0.000 ( 5.56 %)
Open	High		Low	Volume
1.7¢	1.7¢		1.7¢	65181
Last updated 14.00pm 08/05/2024 ?

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