RE:RE:RE:Crazy bargain here we will have C$0.76/share end of qtrnickbillfish wrote: You read right plus they were getting $4M in cash back from a short term loan they made by year end. In the quarterly conference call they had hoped to line up financing this month. Base case they only needed a $25M loan to unlock potential of Chile mine The study doesn’t include additional revenue generated from crushing ore for others. My guess Sprott Resource Lending arranges Finance for them, keep it in the family.
SRHI is one of the most undervalued companies that I ever come across in a couple decades. What a margin of safety...it’s all upside. Chile alone should be pushing out more than $100 in net income in the next 5 years. I suspect a juicy dividend on the horizon. A 25% divi would get some attention and it’s completely sustainable.