It is not hard to assume some of H C commentators give the impression they know more than the Company.
There was a very interesting comment on STA posted today by ..... "Livewire , 5 stocks to buy or sell."
STA was rated as a higher risk than other stocks they referred to but offers the prospect of out sized returns
Quote... "Its a 37 year asset life. Its a very large resource. The management team is looking to expanding the size of the plant and bringing forward a lot of that cash flow by increasing production. So another leg of growth. And the thirdly, they have got other mineral sand deposits. We know there other parties interested in joining them and progressing those potential projects, and we think Strandline can do that on a very capitol light basis, sharing the economics of the project without having to put capitol into it. So a third leg of growth. At the moment you are getting an opportunity to buy it primarily because its having a few commissioning issues and ramping up its first project. Importantly, none of the issues that are occurring are uncommon in mineral sands,and none of them are insurmountable. So the share price has under performed quite dramatically in the last month, but this is an opportunity to buy what looks to be a very promising project with a long growth runway at a very attractive price."
Livewire's Rating BUY
- Forums
- ASX - By Stock
- Ann: Corporate Presentation - Diggers & Dealers Mining Forum
It is not hard to assume some of H C commentators give the...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add STA (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
STA (ASX) Chart |
Day chart unavailable