SRZ 0.00% 1.6¢ stellar resources limited

You would think a lot of things logically Cdchi1. Logically Gip...

  1. 3,608 Posts.
    You would think a lot of things logically Cdchi1. Logically Gip would not be selling shares in Stellar in penny packets before selling the whole holding which was bound to depress the Stellar share price and the potential worth of any deal over the remaining shares.

    Logically they would flag up their intention to sell the shares far in advance to get as many interested parties as possible and the best price. If Gip is serious about getting their tin tantalum project up and running every penny is going to count after all.

    Then the timing why sell now in advance of the SRZ preliminary feasibility study which is likely to be good after all when has an Stellar update on Heemskirk not been... well Stellar Lol. If Gip is as close to making progress on Abu Dabbab as they have been hinting why not wait till some breakthrough there before selling the Stellar shares as if you are going to sell you biggest asset it will deflect some criticism if you have something to replace it with.

    I would not bet on a logical update either clearing up what is going on. Possible that the shares went to someone or some company no one knows much about who quietly sell the shares on for a small profit to a third party when any fuss dies down.


 
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