STA strandline resources limited

Ann: Coburn Project Commissioning of WCP Advancing Rapidly, page-89

  1. 142 Posts.
    lightbulb Created with Sketch. 28
    Spot on. Coburn success or failure will be determined in the mine and no where else. How efficiently they handle (or god forbid rehandle) overburden and in pit tailings will determine Strandline's fate. A few mechanical failures is NOT a determining factor. Neither is the operation of the MSP - as we've seen they have sold HMC direct to market. Investors forget that this is an extremely low grade mineral deposit. If they could, they'd dredge it, but they can't so they're stuck with the more expensive option of dry dredging. The whole thing is about mining cost
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.