I still think this is a RTO shell play - lots of Lovely words...

I still think this is a RTO shell play - lots of
Lovely words about potential for development. They have basically nothing on the go now, done next to no drilling yet somehow have got fancy sounding resource statement published. I wonder who their leases border into - Tlou or ???

Tlou might get going again sometime soon, but Strata are going to need $5m to make a splash in Botswana. $5m cash at say 5 cents is 100m shares - makes it 190m in total, and $5m to spend drilling and progressing and ...... exactly what?

Sorry - but it is a shell at best sitting waiting for someone to inject into it. Ron put it up for sale with his: I have previous well field drilling experience statement.