I had a lucky escape when I sold STA in few parcels only because I wanted to buy more of SFX given STA was a market darling trading well above what it was worth(perhaps on back of false promises) and SFX was undervalued due to its tumultuous past. That trade proved to be very profitable and I am now considering a reverse of that again!
Understand this may not be the most popular post right now BUT I am keen to look at what Strandline's "Assets" are worth in a scenario where the "Corporate" doesn't secure the backing on lenders/investors. Not saying that's gonna happen! Just playing out a scenario
Appreciate @@2ic if you could share your views (You are the smartest man in the room)
A) What is Coburn's Deposit, exploration potential and the un-commissioned plant (with all its problems) worth to a Competitor, trader , customer. Who is best positioned to solve the problem if they can get the asset at a song?
B) What are Tanzanian asset worth and to whom?
Many thanks.
- Forums
- ASX - By Stock
- STA
- Ann: Quarterly Activities and Cashflow Report
Ann: Quarterly Activities and Cashflow Report, page-36
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STA (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
STA (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online