STA 0.00% 9.5¢ strandline resources limited

Ann: Coburn Mineral Sands Project Zircon Concentrate Price, page-15

  1. 2,920 Posts.
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    Firezone...this stock is unloved, unnoticed, undervalued...I just stepped up and bought another 50,000 shares before the broker reports come out.

    Just as an example of my thinking, let's compare the DFS data for the Walkabout Resources project to the Strandline Resources Coburn Project, because they are similar in scale and the SOI for both companies is very similar.

    Strandline does require a higher Capex but it also has another 500M EBITDA, but even if the estimated IIR target valuation is not 64 cents, then it is a heck of a sight more than 12 cents...just sayin

    https://hotcopper.com.au/data/attachments/1522/1522041-1af920bb266f9f62ba4c559714069f18.jpg




 
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