Ppl picking up the loose stock today could do very well and with minimal risk at these levels. Good luck to you!
As soon as we can show some decent grades which could be anytime from now to mid September we could realistically be trading at $1.00+. That’s a market cap of $60m and probably a good level for our next CR.
Sirius were critically low on cash and prospects were dire with ASX querying their solvency just two days before their first strike in July 2012. At that time they were trading at $0.057 and the following month they raised cash at more than 10x that price.
Sirius investors at the time had little warning of the sudden multiple bags that llay ahead of them. You had to be in it to win it.
GBR Price at posting:
27.0¢ Sentiment: None Disclosure: Held