CSE 0.00% 7.5¢ copper strike limited

CD - I'm with you - also op ex last quarter was only $200k -...

  1. 11,155 Posts.
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    CD - I'm with you - also op ex last quarter was only $200k - admin was $116k - so management are not splurging. Also I think they are quite possibly in a better position to make SYR divestment decisions than many shareholders.

    I personally think they are waiting for a takeover offer for SYR from somewhere, and the suitor will probably be willing to pay up for their block of shares to gain a strategic stake. Obviously I have no knowledge of anything cooking in this regard, but Balama is an "Est" business now. BiggEst and CheapEst! Merits a position in a diversified miners portfolio - such as BHP, RIO etc.



 
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