strategy / opportunities

Mango stated / posted on 30 Oct:

“Time to finally get this show on the road.

SRR had pitched investors to be in production almost 2 years ago, as a "world class" Manganese producer.

Strident steps towards pay dirt now essential.”

Mango, that is 100% spot on!!

so what is the strategy going forward?

we need to hear something positive about:

1. possible off-take agreement(s);
2. possible JV;
3. near term production.

let’s hope SRR are seriously looking at progressing such (potential) opportunities.

unless we get this type of news, and quickly, then nothing else will move the sp, atm.

so what does SRR have at Otjo (Namibia): a mineral resource of 17M tonnes of Mn and with only 13% of the known strike of the mineralised horizon tested to date. plenty of further upside here me thinks.

at .6c/share SRR‘s mc is ~$5.4M with ~900M shares on issue of which AGO holds ~54%.

SRR is very cheap for the mineral resource which it already has in place at Otjo, and let’s not forget the potential at Baramine (WA), but it has had a horrible lousy terrible couple of years.

something has got to happen, and quickly.