totally depends on trading outlook Teflon. Besides my question is for a bloke that considers himself a trader who has time to sit on here and debate a stock that is not trending, not a great trading stock at present.
IF you are any good mate go and play the futures market, massive money to be made every day and every second of the day even during those times you spend thinking of STB.
Either way look at the latest announcement, just further indication of the long term story, like AGO, FMG, MCE, FGE mate i could go on forever. Short term price action is irrelevant to determining the long term outcome. People were knocking them and then oh woops away they go.
The only question is will STB go alone or will they get bought out. IF world output is 55MTPA and there are two major companies in world game and STB has shallowest and one of cheapest mines that could produce 20MTPA well then someone will take a major bite to protect their turf, otherwise our 300mil ish market cap has one way to go long term.
TEFLON go trade silver mate much more lucrative for someone of your trading skills.
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