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1.04% 9.7¢ strickland metals limited

DRM Presentation, page-4

  1. blue_horse_shoe_999
    371 Posts.
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    28/02/16
    21:09
    Post #: 17137899
    Capital raise must be imminent?....

    $800k to spend in the next 12 months on the JV plus the usual admin/mgt costs.

    $600k cash in bank, AYR looking for atleast another $1m

    Any comments?

    I hold drm and in thinking there could be an arbitrage opportunity with its unloved jv partner.

    40% of horse well could be worth many multiples of current market cap...but it could fall further with a CR on its way.

    Cheers
    BHS
    AYR Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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9.7¢ 		Change
0.001(1.04%) 		Mkt cap ! $212.3M
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9.8¢ 9.9¢ 9.6¢ $60.24K 622.5K

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No. Vol. Price($)
1 84585 9.7¢
 

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Price($) Vol. No.
9.9¢ 5326 1
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