Think Chinese strategic investment.
What all the juniors need is a rail line, collectively with QRN and others this is not insurmountable.
At worst Xstrata will delay things until Coal pricing becomes a little clearer.
Surat will get unlocked with Xstrata or without them. Yes it would be easier if Xstrata proceeds, as investment dollars will notice their lead.
SMR MC $50mil
MTE MC $43mil
Chinese can come along $400mil would get both. Stupid times that we will in.
Change of Government would also make Australia more attractive for OS investors.
Spec buy where you could triple your money fairly quickly, but definitely an unloved sector atm.
Think Chinese strategic investment.What all the juniors need is...
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Last
$2.29 |
Change
0.040(1.78%) |
Mkt cap ! $2.064B | |||
| Open | High | Low | Value | Volume |
| $2.26 | $2.32 | $2.26 | $4.085M | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $2.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 3123 | 2 |
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| Last trade - 16.11pm 30/07/2025 (20 minute delay) ? |
| SMR (ASX) Chart |