OTCQX:SREMF - Post by User
Comment by
Maolain1on Sep 10, 2014 12:41pm
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Post# 22923675
RE:Financing news coming?
RE:Financing news coming?Likely speculation based on the last news release claiming "weeks" to finalizing the comprehensive financing arrangement. The term weeks, rather than months, gives it a window that we are closing in on. However, if you look back to July NR, this same claim of a comprehensive financing was also made with the term "weeks", and we well know that should probably have been stated in months. All of the semantics aside with respect to this mysterious financing, I am eager to get a production update since full production capacity is supposedly only 3 1/2 months away. If they are ahead of schedule I think the SP will bump 15-20 cents on release, maybe even more, back towards the 65-70 cent range is sat at for a long while. I am counting on a gap up to 75 cent to $1 by December, and would be thrilled if it was sooner. All the really need to do to acheive that is stay on schedule, which sounds like a fairly reasonable expectation, but realistically at this point it is a tall task.