there are actually 5 reasons why I like SIPA, the RIO - JV is but one of them but a massively important project for RIO.
This was the last piece of the WINU puzzle they needed to acquire, they HAD to acquire, as they step out mineralisation.
I expect them to pay a lot more than the $12m they will spend on Exploration to get to 75% in order to get the rest of it, and by that time the value of SRi's 25% could be many multiples of the current mk cap.
Then we have the new projects - Warralong which is why I started accumulating here - this might be one of the most astute bits pegging I've seen in quite a while.
For reasons i'll go into sometime a bit further.
Skeleton Rocks and the soon to be drilled Wolfe Basin are tantalising projects with numerous company making prospects inside them.
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Open | High | Low | Value | Volume |
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7 | 824425 | 0.014 |
3 | 539984 | 0.013 |
3 | 333240 | 0.012 |
2 | 399995 | 0.010 |
Price($) | Vol. | No. |
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0.020 | 75063 | 2 |
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