FOMO has struck however and I have bid for a fair chunk @ 0.18 over the w/e. But I am going against the chart imo. There was a capital raising @ 0.12 back in August generating 40m shares but I suspect most of those would have settled by now.
I didn’t know that S2R was spun out with the non core assets of Sirius Resources in 2015 as part of the friendly takeover by IGO targeting the Nova-Bollinger deposits. So S2R still retains some of the tenements from that era, including a couple that are not all that far from Nova-Bollinger in the Fraser Ranges. Almost all the senior management from Sirius days seem to be on the board or management of S2R, the key one I guess being Mark Bennett, Exec chair of S2R who is the ex M.D of Sirius.
So while I am primarily going for it for the Fosterville tenement, I am also following the management and as well their other projects look a hope, particularly the Northern Finland tenements in a greenstone belt that hosts a few majors. They have two jvs in Finland, one of them being with Kinross who are spending A$13m for a 70% interest, the other jv partner is spending A$5.5m.
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