Australia's largest stock trading and investment forum Australia's #1 stock forum

SCI

Click for more information

2.63%

3.9¢ silver city minerals limited

Welcome amigo. Your post is very informative. We'll just have to...

First 28 Last

Share
Profile

Follow
prawn_man

859 Posts.

318

12/02/19

17:04

Post #: 37413395
Share

Originally posted by Acolvin93 ↑

Originally posted by prawn_man
Amigos, all is quiet on the western front. In the short space of a couple of months there has been a capital raising, resignation of the managing director and restructure of the board. The quarterly report discusses plans ("What next?" on page 5), using words such as "proposes", but no timeframe is given. I'm guessing that the company is waiting on the new team to make decisions before the exploration program is restarted. Has anyone got any views?
I recently emailed Chris to hopefully get some sort of guidance - I asked if there were any time frames around drilling or any decisions being made.

"Unfortunately I can not answer your questions. This summer has beenparticularly difficult for the farmers out at Broken Hill with very severedrought conditions. They are particularly sensitive to any activities whichdisturb their stock. Further to this the board has made no decision on when theprogram, outlined before the last fundraising, will commence. I am sorry Icannot be more helpful."

Guess it is just a waiting game from here..

Expand

Welcome amigo. Your post is very informative. We'll just have to be patient for a while.

SCI Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

HotCopper Highlights: Your most watched stocks for Week 46, 2024

There are more pages in this discussion • 8 more messages in this thread...

First 28 Last

Add SCI (ASX) to my watchlist