2IC post possibly the smartest content in here on the process, clearly understands it very very well.
My issue with @2ic is he/she/they repeatedly brings up the same things and implies that's the reason. He doesn't own shares, never has, in fact owns another company and would benefit if this one doesn't work out as I expect it to. I have no issue with someone posting content we could all learn from.
Its a smallcap, they move around sometimes for a reason sometimes not. June can be a horrible month for small caps when they are down.
If 2IC said he actually knows someone on site and they said its having real issues, post it, if not DONT. If 2IC knows the litigation for the 1st time in history went against one party for the original asking value, post it.. if not - DONT. 2IC feel free to email the company with your questions and see what they say, given you hold no shares probably nothing,
I hold a lot of shares, if the company is telling me one thing and actual results are different then that is a problem. I don't think that's happening in this case, so I stand with conviction with Strandline. I absolutely might be wrong and that will cost me a chunk of change, but I think I'm right. Time will tell. Thats a market.
This is what we ACTUALLY know.
The Company has now exported a total of ~57,000t of HMC since commencing commercial production at its Coburn mineral sands project in WA on 18 November 2022. The HMC product contains valuable critical minerals of zircon, titanium and monazite rare earths. These shipments have generated total revenue of ~A$60 million, providing working capital for the Company as it continues to commission and ramp up operations at Coburn. Mining operations and mineral processing at the Wet Concentrate Plant occurred every day in May, though mining throughput and production was constrained at times due to commissioning-related issues, including equipment failures and plant availability. As part of the production ramp up process, the key focus remains on improving equipment and plant availability, enhancing mine planning and increasing mineral recoveries in final product streams at the Mineral Separation Plant (MSP). While the commissioning of the MSP progresses, the Company expects to continue shipping HMC product at an approximate rate of one shipment per month. From the start of the new financial year, Strandline intends to provide details of these shipments in its quarterly reports in keeping with its transition to producer status.
Oh and they just advertised for Control Room Operators - 23 hrs ago. "As part of our rapid growth trajectory and Commissioning, we are seeking experienced control room operators to join our processing team. Reporting to the Processing Supervisor, you will be involved in all aspects of production and operations related to the processing plants and non-process infrastructure."
(20min delay)