SP8 0.00% 0.7¢ streamplay studio limited

heemskirk presentation, page-2

  1. 236 Posts.
    Yes it is looking promising however being purely practical, Ian needs to line up a sale of our "19.5% strategic" holding at a premium (leading up to the end of escrow period January 2013)

    Why ?

    So we can expand "immediately" our own tin production not a pie in the sky one day Stellar start up & more importantly relieve "all" shareholders of the immediate need for future cash in 2012.

    42mio @ 8c = $3.36mio
    42mio @ 10c = $ 4.2mio
    42mio @ 12c = $5.04mio

    Last sale 8.5c next seller lined up at 9.5c
    Not so silly when talking "cash"
 
watchlist Created with Sketch. Add SP8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.