Good read, thanks BG9106.
SFX hit the $100-150million mc range off the back of their NAIF backing and an incomplete set of off takes. That was in a much better market than we currently sit in (BSE and IMA, producers have halved in the time that SFX has tanked). Thunderbird is definitely larger than Coburn but Coburn has a better representation of the higher quality more valuable products and I would say better institutional support and offtakes. To me that says that at some point, some time, pre construction Coburn will get $100-150mill mc and then from there, on back of production I see $200-300million mc. When? I don't know! These things tend to take time to play out but move in jerky step changes, we may be in the first of these changes now.
- Forums
- ASX - By Stock
- STA
- STA.... Here We Go!
STA.... Here We Go!, page-15
-
- There are more pages in this discussion • 31 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
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online