STA 0.00% 9.5¢ strandline resources limited

Ann: Coburn Project Construction Update, page-8

  1. 2,435 Posts.
    lightbulb Created with Sketch. 349
    In my opinion they may need more money to finish the construction.
    I remember reading in one of the last announcements that the separation plant or whatever was still in the design stage.
    Well with all the inflation/ commodity price increases we have had over the last 6 months or so I'm assuming some cost blow outs.
    Most of the contracts would have already been locked in so I don't think the cost increases will be too much compared to the scope of the whole project though. Im going to sit back and wait a while before attempting to re enter.

 
watchlist Created with Sketch. Add STA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.