SIR 0.00% $2.52 sirius resources nl

all I know is that they worked on Australia day while some other...

  1. 1,971 Posts.
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    all I know is that they worked on Australia day while some other junior Ni company struggle with 2 drill holes since late November / December stranded without news.

    In addition, all the while Sir drilled another 100 holes in December, sample send away for assay  and announcement with outstanding news, and December 1/4ly issued.

    Sore grapes, I see.

    By the way it is 30 million cheap and counting.

    Rob Dennis is getting paid real money at Sir, not  shares issued at 16c and worth 10.5c and hence the reason putting in his worth.

    Direction of Sir is very clear, develop mine with own facility and investment in low cost big league growth option. bhp mill at kambaldasmelter in kalgoorlie for $100M that come with a $2b liability? After failing to find a buyer prepared to pay its price, no significant new capital injections and BHP expected the unit would cease to exist by 2019, this is the time  for other junior to plan their needs as BHP move towards closure and it means that in the meantime BHP is more dependent than ever on third party concentrate.

    Falling nickel prices and a rout in copper, which hit fresh 5-1/2 year lows this week, could work in Sir's favor.

    “In a perverse way I’m happy for the nickel price to be as low as it could possibly be. The more it squeezes out those high cost producers in the meantime, the better for us in the long term.” Mark Bennett

    SIR have the asset, an enviable balance sheet, project funding capability, the people and the vision to build this mine, discover more, grow into a great mining company, and reward shareholders
 
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