SL1 0.00% 0.0¢ symbol mining limited

The absolute last thing this company's shareholders need in the...

  1. 3,350 Posts.
    lightbulb Created with Sketch. 145
    The absolute last thing this company's shareholders need in the next 12 months is a CR.

    Now I know they will need cash to drill Kito in the next 12 months but a CR should be the absolute last option for this.

    I have seen it time and time again with junior explorers . A CR is absolute death for small shareholders.

    There is a trend on the asx in small explorers where insiders sell out on the upswing and book profits and then put the begging bowl out for more cash to burn from small shareholders.

    Now last time around Swala got a premium off market which was terrific and a great option . But an ordinary CR from us mugs would be death. I just beg that this doesn't happen and all of us small holders let mgt know early that this shouldn't be an option to consider.

    I hope Swe Mgt show they are a class above their peers on this.
 
watchlist Created with Sketch. Add SL1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.