SHN 3.57% 1.4¢ sunshine metals limited

Ann: Final Liontown Assays Include 7m @ 2.06% Copper, page-18

  1. 1,029 Posts.
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    SHN is a compelling story with what they call a transformational acquisition of Liontown.
    AZY is taking a lot longer than I hoped. I am seriously in the red but a few sniffs at Tetris or the targets near Winu and another Minyari resource upgrade and things could be very different very quickly. Carnaby has more than covered Antipa for me and I am still looking for a turnaround to get it in the green.
    I was very pleased to see genuine reasons why RVR failed at Thalanga, the court ordered $19.94 million royalty payment followed by a major stope failure sending them into loss making. I was also pleased to see the revenue and profit they made before these mishaps. This bodes well for a profitable operation at Liontown.
    If Cornonation is like Highway - Reward then we will be off like a rocket.
    I still like the porphyry projects of Sunshine Metals at Ravenswood but they will take a back seat for a while.
    DYOR Not investment advice. Always take full responsibility for your investment decisions, it is tough out there at present.
 
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