This is very good news, El Palma might be the star, but as a long term holder of STM it's Brama which excites me most - could be huge by the time it is all drilled out, and Limone still fascinates, with its elusive surface expressions of something down deep.
MN said :
“The combination of the scale and the grades we are generating at El Palmar shows that this is clearly becoming a very valuable project in a world which desperately needs more large discoveries.“
"Sunstone has two such discoveries and I have no doubt that this will be increasingly recognised by the market, particularly as we move towards a maiden JORC Mineral Resource Estimate at Bramaderos, and advancing our definition of the El Palmar orebody, over coming months.”
So we now look forward to the next stage of having a JORC resource to compare with our peers. Bring it on for H2 rerate of commodities stocks.
And for those following o'seas markets, by watching Volatility Indexes on S&P500 and ASXS&P200 - I would not be surprised to see a disconnect of Aussie stocks as o'seas markets struggle to get traction to the upside. Just a hunch and IMO only.
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