News: STA Strandline Resources Says A$150 Million Loan Facility Provided By NAIF Ratified, page-24

This is an interesting article snippet, STA is in a good position, only patience is needed unless we get taken over…


”Garimpeiro has taken that outlook and screened the non-Iluka mineral sands players on the ASX to come up with some names that stand to benefit from the buoyant outlook as the world gets busy again painting things, and laying ceramic tiles.

The list is far from exhaustive but does give a feel for some of the options out there.

Strandline (ASX:STA, 21.5c): An emerging competitor to Iluka – unless Iluka takes it over – from its zircon-rich Coburn project in WA. It recently completed the debt funding for the $300m development, one set to produce about 5% of global zircon demand and chloride ilmenite (a low grade rutile) for the pigment market.”

https://tinyurl.com/StradlineResources