STA 0.00% 9.5¢ strandline resources limited

Ann: Quarterly Activities and Cashflow Report, page-6

  1. 2ic
    5,868 Posts.
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    SFX is tightly held but LT believers atm, all waiting/hoping that TB ramps up without STA's issues, but as STA taught the market 'commissioning' doesn't equal 'nameplate ramp-up'... SFX being tightly held, still under LT 65c resistance having never got the Luke and his broker market-ramp, expectations are high for a successful production ramp with a commensurate share price re-rate. Hopefully they have learned some lessons from STA's hubris and failures, but it's still a long time until production, costs, margins etc are known/proven with confidence. I do wonder whether this pump on low volume is a bit too much too early?


 
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