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Stratex set to climb higher

Despite the depressed mood music AIM-listed junior Stratex International has said it’s ready to do the unthinkable and tap the market for cash, risking a temporary dilution of the share price but only if, and this cannot be emphasised enough, the right acquisition appears on CEO Bob Foster’s radar.

Richard Wachman
Altintepe gold recovery plant

Altintepe gold recovery plant

But why on earth would a pint-sized explorer with a market capitalisation of about £9 million be thinking about expansion at a time when survival is the main preoccupation of its peer group? In an interview...

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