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Ann: Corporate Presentation - Diggers & Dealers Mining Forum, page-54

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Shaun666

1,469 Posts.

22

18/08/23

20:52

Post #: 69427517
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Originally posted by RandallGraves: ↑

"It is not hard to assume some of H C commentators give the impression they know more than the Company."

That's because some of them do. I'm sure the company knows a lot more than what it releases to the market, but if you choose to hide behind "producer status" and bury information in the footnotes the market will respond to the info that is available. They've backed themselves into a bit of a corner where unless they have something new to announce (like a premium zircon/rutile shipment) they are relying on a positive Q3 report which won't be out until October to drum up support. No one seems to be biting at the broking reports talking it up after the Q2 report and cap raise.

The CEO said the company was undervalued when it was a $450m market cap, then said it was undervalued when it was a $250m market cap. Meanwhile he was doing a cap raise in the background and has diluted the SP down to 17c. Maybe the new CEO will focus on improving the company instead of telling the market how it should be valued.

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Where were these people when STA was 40 cents. All popping up now at 17 cents saying what a great buy ? No back ground investigations done or just trying to rip off potential investors.

STA Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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