SRO - ShareRoot Limited - Aussie Stock Forums

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  1. #1
    Make the drill work for YOU springhill's Avatar
    Join Date
    Jun 2007
    Mental Institution

    Default SRO - ShareRoot Limited

    Firstly, who the hell picks the 3 letter code MOO?
    Secondly, I saw they had 1.3 billion shares on issue so kinda lost interest, but here's the basics.

    MC - $13m
    SP - 1c
    Shares - 1,300,000,000
    Options - 300,000,000
    Cash - $3m

    Herberton Project - Highlights
    Streak Hill Drilling - Tin
    •Geophysical (IP) surveys at Streak Hill identify several encouraging anomalies
    •Drill program currently underway targeting tin over a strike length of 400m
    •1,400m of RC drilling completed to date; samples submitted to laboratory – awaiting results

    Confederation Drilling
    •2,099m of RC and diamond drilling completed at the Confederation copper/tin prospect
    •High grade intersections at Confederation include:
    o6m @ 4.33% Cu, 1.25% Sn, 106g/t Ag and 301g/t In from 87m
    o9m @ 1.56% Cu, 0.15% Sn, 43g/t Ag and 102g/t In from 123m
    o5m @ 1.63% Cu, 0.2% Sn, 110g/t Ag and 209g/t In from 53m
    •Potential additional source of high grade ore for the Baal Gammon copper mine
    •Exploration upside with Baal Gammon and Confederation located at the south western end of a strong northeast-trending aeromagnetic anomaly

    Herberton Exploration
    •Exploration activities significantly increased – focussed primarily on high grade tin
    •High resolution satellite imagery acquired and 100m line spacing aeromagnetic data reprocessed – several encouraging anomalies
    • Several advanced tin prospects currently being assessed for drill testing in the coming months

    I think there is other stuff, but I couldn't be bothered.
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  2. #2

    Default Re: SRO - Shareroot Limited

    On December 21st, 2015, Monto Minerals Limited (MOO) changed its name and ASX code to ShareRoot Limited (SRO).

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