SIR 0.00% $2.52 sirius resources nl

Sirius is totally unique and that is why it is such a compelling...

  1. 2,274 Posts.
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    Sirius is totally unique and that is why it is such a compelling investment in the resources sector..

    All the debate about capex is one thing and quite valid but Sirius have walked into very favourable conditions to finance, build and extract a tier 1 resource..

    $245M in the bank, projected to spend approx $50M in the coming quarter to be adjusted with ramp up of exploration activity

    Ongoing exploration into their baloo high grade shallow Gold discovery, possibly the upper part of a larger body of mineralisation and now diamond drilling into Nova lookalike Crux and Centauri, not to mention ongoing discovery at Taipan..

    If they hit anything like massive nickel sulphide at Crux or Centauri, there is no telling what would happen to the share price..

    There seems to be a move to quality in the resource sector and Sirius will be one of the main beneficiaries i guess
 
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Currently unlisted public company.

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