STA 0.00% 9.5¢ strandline resources limited

Ann: Coburn Project Commissioning of WCP Advancing Rapidly, page-16

  1. 422 Posts.
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    Morning Vince

    Thanks for the detailed and respectful above response mate, and I personally enjoy reading contrasting or views challenging the masses. Its healthy. I dont believe I am a massive 'hyper' of this or any other stock and doubt that comment was directed at me as I just try to report the facts as I see or hear them.

    I suppose we are just coming at it from a difference perspective so will agree to disagree. From a couple of Senior Analyst / Corporate guys I know following STA (25-40 years experience each in the field and have known Coburn for well over a decade) they collectively feel the operation is relatively straight forward and 'vanilla' - they don't perceive the operational risks you are describing. The speed in which construction has been employed and early signs are positive re lower slime etc. But sounds like you have both lots of relevant experience and also some decent thoughts on current happenings at Coburn.

    I am certainly not technically minded re mining so defer to others more experienced in the field and its those guys that have given me the confidence. If willing to share, are you planning on adding to your holding if/when things ramp up - hopefully successfully - over coming months? Do you see the issues you have mentioned as relatively minor or the ability to throw up some serious curve balls? ie how concerning are they in your view? Appreciate any thoughts you are willing to share.

    Cheers
    Last edited by leggy: 05/09/22
 
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