Hi NoPunditHere, imho with the recent listing of Mo on the LME the Polish project has created a lot more upside than announced by STZ (take a look at the NPV of the project and the assumptions used in an earlier ann). The project needs to taken up by a larger mining company to get it started. imo STZ may struggle to find backers in Europe, I hope to be proved wrong.
I was disappointed when STZ 'sold' their Musgrave tenement (next to a recent new discovery by BDR) to a private company without finding completing a little more drilling nearer the BDR tenement. STZ has now put all their eggs in one Polish basket. TFP.
STZ Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
