SIR 0.00% $2.52 sirius resources nl

Much appreciated Smurfette. You may have seen my predictions in...

  1. 574 Posts.
    Much appreciated Smurfette.

    You may have seen my predictions in the previous few months. Low volume propping up a price isn't a good thing.

    Has anyone else bothered to run the numbers on diluted value of SIR, considering; Forecast cost of getting to active mine + operational costs in the meantime - secured debt + shortfall (few hundred million wasn't it?), to get a total figure that we can use to estimate the diluted value should SIR issue additional shares seeking capital. They can't / won't rely on options exercise, any that are will just be icing nothing more now that they've secured debt.
 
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Currently unlisted public company.

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