SIR sirius resources nl

SIR Chart, page-2

  1. 574 Posts.
    Much appreciated Smurfette.

    You may have seen my predictions in the previous few months. Low volume propping up a price isn't a good thing.

    Has anyone else bothered to run the numbers on diluted value of SIR, considering; Forecast cost of getting to active mine + operational costs in the meantime - secured debt + shortfall (few hundred million wasn't it?), to get a total figure that we can use to estimate the diluted value should SIR issue additional shares seeking capital. They can't / won't rely on options exercise, any that are will just be icing nothing more now that they've secured debt.
 
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