STA 0.00% 9.5¢ strandline resources limited

Looking at the DFS the EBITDA of $500m +, this is ultra...

  1. 186 Posts.
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    Looking at the DFS the EBITDA of $500m +, this is ultra conservative when I compare to other Mineral Sands Companies and the numbers they use .I believe the true EBITDA is somewhere near $750m +
    Not to mention that pricing of minerals produced is predicted to increase in 2020 and beyond.
    STA Timing is impeccable, even though the Tanzania play news flow has been a bit quiet, I fell the stock won't be at current levels for too much longer.
    My only concern is a possible raider at these very cheap levels , but our major SH has the upper hand , and any raider would require their support.
    Patience will pay off very handsomely IMHO
 
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