SOR 2.22% 4.4¢ strategic elements limited

STRATEGIC ELEMENTS (SOR), what's everyone's thoughts.?, page-137

  1. 11,089 Posts.
    lightbulb Created with Sketch. 1849
    Up late, have an RDO today so was just playing and reading.

    The company seems focussed mostly on the tech side since the Behemoth failure and with no significant expenditure required until later in 2020 I am not expecting much news on Behemoth, Leviathan, Golden Blocks etc at this stage.

    We may get a hint in the quarterly due later this month. The last I recall from Golden Blocks was that they were working on an updated environmental plan to submit to the NZ authorities. At least the approval to reset the start date for that exploration permit is great news, means we retain the whole permit for five years. I presume NZ works on a similar basis to Australia, with renewal of permits you have to give up a portion of the permit, kind of punishment for not doing enough exploration in the five year period. The permit originally was due to expire this year.

    I am keen to see the plans for Leviathan, they got EIS co-funding approval for that permit. I expect some sort of news on the resources side by mid year.

    30/11/21: Drilling of Leviathan project due for completion for EIS funding

    12/12/21: Behemoth (Ilkurlka) exploration permit due to expire

 
watchlist Created with Sketch. Add SOR (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
-0.001(2.22%)
Mkt cap ! $20.62M
Open High Low Value Volume
4.5¢ 4.5¢ 4.4¢ $2.541K 56.81K

Buyers (Bids)

No. Vol. Price($)
1 4140 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 11428 2
View Market Depth
Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
SOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.