SRZ 5.88% 1.6¢ stellar resources limited

tin turning gold again, page-13

  1. 91 Posts.
    Yes that's correct, no finance deal as of yet has been put in place. It's really going to be the make or break for us... we have all the potential but without a funding deal being negotiated with an industry partner the money can just dry up and someone else buys the land and takes over.
    This is looking less and less likely all the time though, firstly because we do have a good amount of cash in the bank, and secondly because management is hardworking and sensible, the last radio interview shows their efforts to make sure Heemskirk and all its surrounding deposits are both attractive and economically feasible... which is going to make a big difference.
    Have a feeling a lot of effort is going into financing now, it's absolutely essential.
 
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