Short Term Trading Weekend Lounge: 28 - 30 Aug, page-112

STTCOMP HRN FA LONG

SP : 54c
market cap: 45 million (approx)
cash approx 3.3 mill after recent raising.
gold: 1.3 million oz jorc.
plant and infrastructure (needs around a 30 mill refurb)

catalyst: high potential for corporate action with the biggest holder a fund named zeta successfully absorbing the other major share holders recently and installing their own directors, this group flogged Bligh Resources to Saracen recently for a nice turn on their coin.

note the below which is from an old report from the assets previous owners and do your own calcs on what t
he economics look like against 2700 aud gold..

do your own research