Yes well spotted guys it's Strategic Elements FPO (SOR-ASX)
But do your own research please
Printable View
Well, time will tell, someone snapped up the rest at 0.005, so could have got a bargain/lemon :-)
For everyones sake, I hope Matt Hill becomes a rich man from his shareholding, not his salary!!!
Maybe we need Richie McCaw to become part of the NTL team - everything he touches turns to gold!!!
Things are not going well "lately"
The latest update from the ping pong, is the top 2 rungs who want to join the game are $55K, while those looking for a quick shower have slammed down $686K on the table, as they eye the exit.
Mr .1c is breaking out in a sweat, knowing he will in the game soon, while Mr 0.00c remains as inscrutable as ever.
Yes the last Capital Raise said that the pilot plant would be scaled up to produce X amount of gold over a 2 year period.
This did not happen, and no gold was produced and I think that 2 year period may in fact be up now, with zero gold produced.
I am not sure why they have not at least run that pilot plant to process the prime ore from the vein face and provide some monthly revenue.
I would say this big business reshuffle of the chairs on the deck is in fact the next CR.
Not sure how they will couch this.
The worry is that even plan Z of selling the rocks to be processed has not eventuated, which tells me the actual ounce of gold per ton is not that flash. (Not ounce per ton of already processed ore that they showed us)
That would also explain why the pilot plant never got going.
They must have been hoping that greater concentrations of gold are further away.
All just my conjecture.
But someone high up nobbled the pilot plant at the last minute, we just don't know what that reason was.
Oh dear someones tipped the ping pong table right over.
Jonu's truck must have smashed into it, .4c buyer, .5c seller
Yep someone trying to quit 16m at .5c
Not likely to happen.
Now we are into end of year / early year time frame for NZ where zero happens the next 6 weeks.