re: Ann: Mineral Resource Upgrade Delivered a...
All great points RB.
Your astute observations about offtake agreements and production plant already in place are deserving of closer consideration. Short term cash flow, could offset continued drilling and further expansion?
I was encouraged to see the words 'large scale global significance' return to the Otjo pitch. These words had disappeared from the vernacular for sometime.
As you say, SRR now need to clearly define and confidently outline the path to production. Plenty of shareholders who were misled and bought in above 20c on the basis of the company being in production in early 2012. No more false starts.
Solid newsflow, continued communication with shareholders and the market, a clearly defined strategy towards production and regaining some of the previous momentum is what is required to get SRR back to where it was. Market conditions depending of course, but this should not be a cop out.
Thoughts from other shareholders?
SRR Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held