STA 0.00% 9.5¢ strandline resources limited

Mineral Sands Industry

  1. 2,645 Posts.
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    It seems minerals sands are finally coming back into favour (after a long-wait for those of us who invested a decade ago), and notably companies like Hartley's are bullish on minerals sands. As such, it amazes me that STA are still flying under the radar (with such a low market cap, on the verge of cranking up the ready-to-go Coburn Project in WA, as well as on the verge of developing several big projects in Tanzania).

    Sheffield Resources: Market cap $215,000,000
    Base Resources: Market cap $315,000,000
    Strandline Resources: $46,000,000

    Once the "optimised" DFS is updated at Coburn in the coming weeks, we'll see a major re-rate here imo.
 
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