In regards to disclosure of the Montenegro rights negotiations, SSC shareholders are justified in asking why management is looking so far afield when it supposedly has a commercially viable project in NSW.
Hopefully the foreign asset is fantastic but previous forays overseas have been a disaster.
Given the presence on the SSC share register of investors based in tax havens like Cypress, I'm hoping this is not a deal where management has agreed to buy dirt from a disgruntled shareholder who has threatened to dump stock.
Derek Lenartowicz deserves the benefit of the doubt at the moment but the clock is ticking. Either Peelwood/Fardy is a goer at current zinc, copper prices etc or it's not and investors are entitled to know.
In regards to disclosure of the Montenegro rights negotiations,...
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