STK 8.70% 8.4¢ strickland metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-13

  1. SSA
    707 Posts.
    lightbulb Created with Sketch. 138
    I think it has been basing for a big move (flick to monthly or qtly log chart).

    I don't mind the pivot to Serbia. $35-40m - peanuts. yandal campaign - I like the results a lot. reminds me of Gruyère (GOR) back in 2013-14. ended up JV with goldfields. in this case NST next door - might have NST and STK JV (or trade sale). many options - if gold price continues to lift, it gives them good optionality here and abroad. look at BHP and Anglo.

    here for the long run. 3 years, maybe more. unless something changes the investment thesis, fundamentally, I'm riding it. I will look to buy more around 10c and 9-10 should we get those levels.

    to each their own. my personal view - patience on good prospects like this, pay. you just need to know what "good" looks like - some reference points from other early stage exploration programs can be useful. no guarantees - that's investing - that's risk taking. the risk reward here looks great. a risk I'm willing to take.
 
watchlist Created with Sketch. Add STK (ASX) to my watchlist
(20min delay)
Last
8.4¢
Change
-0.008(8.70%)
Mkt cap ! $190.4M
Open High Low Value Volume
9.1¢ 9.1¢ 8.0¢ $183.3K 2.125M

Buyers (Bids)

No. Vol. Price($)
1 41279 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 6432 1
View Market Depth
Last trade - 11.54am 26/07/2024 (20 minute delay) ?
STK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.