SOR 4.88% 4.3¢ strategic elements limited

technicals, page-14

  1. 11,003 Posts.
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    Nice rise today. I'd love to know what exactly prompted it.

    The quarterly released yesterday really didn't have much information as usual, mostly just reinforced their credentials at maintaining a low cash burn rate.

    The low cash burn won't be maintained with the expenditure required this quarter for their Officer Basin exploration permits with about $700k due to be spent to keep them in good standing and then next quarter additional expenditure for drilling the Lennis (Officer Basin) and Golden Blocks (New Zealand) projects.

    Fingers crossed that there's a leaky boat given they just had their industry cluster members meeting on Monday and Tuesday over in Finland with their PrintoCent partners. Meeting Monday and Tuesday sharp share price rise Wednesday.
 
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