STK 6.00% 9.4¢ strickland metals limited

Ann: Board Changes to Drive Next Stage of Company Growth, page-2

  1. 965 Posts.
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    That's an impressive board.

    It seems clear that the company now regards Rogozna as its biggest asset. Fair enough, when you look at the size of the reserves they've got there.

    But at the same time, the board is clearly determined to maintain a substantial focus on Yandal. They'll likely spend as much on exploration there as previously, imho, subject to continuing exploration success.

    The company's ongoing commitment to Yandal seems clear from the promotion to the board of Richard Pugh whose 'technical expertise has been instrumental in our exploration successes at Yandal' (following his appointment as Strickland's Geology Manager in 2022).

    Overall, Strickland seems to be being positioned for much bigger things and, imo, it's just a matter of time before the company is re-rated (upwards) to reflect the 'new Stickland' and its now substantially bigger exposure to the gold price.

    As a shareholder, it's a great place to be, not least given that the outlook for precious metals over the next few years is excellent (imho, touch wood) - and Stickland's now sitting on a load of the stuff.
 
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