Australia's largest stock trading and investment forum Australia's #1 stock forum

STA

Click for more information

0.00%

9.5¢ strandline resources limited

Ann: Annual Report to Shareholders, page-48

First 48 Last

Share
Profile

Follow
RandallGraves

81 Posts.

9

18/09/23

14:40

Post #: 69901724
Share

Originally posted by LongTony: ↑

The pseudonym I use here is because I'm a long only investor - but I recently looked into shorting this stock because I've been told again that they're stuffed, even at the current price. I decided not to short it but I will repeat what I've heard before ...

Apparently, people who know things, know that the orebody is unworkable and think they're not going to be able to fix it. I believe that the people on the ground have known this for a long time. I don't know how much they've tried to inform management or if management's ears are just glued on or if they're in denial or if they're hoping they can fix it or whatever.

Expand

The people on the ground have been there for about a year or so. Management have been around a lot longer than that. If the orebody isn't what they said it is then management's fingerprints will be everywhere.

STA Price at posting: 14.5¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

End of FY is a time to juggle wins, losses and capital gains taxes

There are more pages in this discussion • 25 more messages in this thread...

First 48 Last

Add STA (ASX) to my watchlist