SRI 0.00% 1.7¢ sipa resources limited

Second Strike, page-11

  1. 42 Posts.
    I voted for a 1st strike after the disappointment of Thaduna . However I’m not going to this time round.

    Lydia and the company have massively ramped up the pace of work and have done great initial work drilling Akelikongo. It’s incredibly rare to find an economical resource on early stage drilling. And we should be drilling again by the end of the year. What a shame we haven’t been able to drill Mt Goma.

    We have 5 mill in the bank after raising 6 mill at a decent price. Plus with options expiring we don’t dilute the shares any further.

    The team we have at the moment have a lot of shares and options in the company. Not to mention experience. If we roll the board we’ll delay any the work done by the company. Plus how will we recruit a new board if they know the shareholders are a mutinous lot. Some of who have girly red cars!

    How can we get them to agree to trim the board without rolling the board?
 
watchlist Created with Sketch. Add SRI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.