thanks for your post but you seem to fail to grasp many crucial elements so not sure it’s overly useful in all honesty . I can see why you would be bitter being an ex holder. One thing I have learned in 30 years of successful investing is recognising when you have made a mistake selling prematurely and having the ability to re-enter when you have made a serious error in judgement.
- NPV closer to 1.2b based on spot prices. From the CEO himself last week ie DOUBLE the current market cap! Let that settle in for starters. - not sure of your relevant technical experience in the industry but Snr Analysts I have access to are convinced Min Sands are a (lack of) supply story and current bullish prices likely to continue or indeed further improve. - CEO deemed by experienced Analysts as the “next big mining Exec” in this country - they are ahead of time and on budget for construction - a truly remarkable result considering current dynamics - the build is relatively vanilla and close to 95% complete - 50% production uplift is “likely” - anyone smart enough can work out what that does to NPV and likely share price impact - Tanzania a free kick and much optionally going forward - ILU right next door and has a declining prodn profile with their valn around 3x the metrics of STA. You don’t need to be Einstein to,work out what may well happen here
I genuinely wish you good luck, including reviewing past mistakes
STA Price at posting:
50.5¢ Sentiment: Hold Disclosure: Held
(20min delay)