Ann: Coburn Binding Offtake Contract Signed for Premium Zircon, page-11

STA offers good buying now IMO and is very reasonably priced considering the NPV of their Project is around $700 million and STA's current market cap is around $220 million (and this excludes the cash they hold).

Having said this, the share price may well stagnate now for some time. This is because often the co's share price drifts and doesn't do much during the Project build. Then, as the Project gets close to production and then starts producing, buyer excitement and interest increases.

STA is expected to start producing in Dec quarter 2022 so there's approx.18 months to wait until expected Project completion.

IMO patient investors will be well rewarded however I expect it to be a bit boring/low key until late 2022.

GLTA & DYOR