IMO the wider market doesn't understand what STM are sitting on and only really reacts in a meaningful way to high grade hits (as in 'traditional', non porphyry high grades). Look what happened to STM when we had the high grade sections come through in the past (ie. much larger increases in the SP than on good porphyry numbers).
The mineral resource and exploration targets should get people's attention as they can do the numbers on the approx tonnages.
There is a reason (or a few reasons) that STM is one of the few juniors with such a large institutional and high net worth family office contingent on the register (circa 30%). I have been here since around 1c and will be here for a lot longer yet. Looking forward to that initial resource, potential satellites and everything else to come in the next 12 months or so.
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