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16.7%

0.5¢ sunstone metals ltd

You bought at 6.1 ? Lowest I could see this week was 6.2 cents

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Getrich0

2,752 Posts.

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18/11/21

08:16

Post #: 57658995
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Originally posted by redned71: ↑

Morning all.

it’s a nice thought to go all the way to production, but with a large gold/copper deposit it takes quite a few years and a very large amount of money. Also requires board and management with a completely different skill set. BFS for these big projects can take 2 years+. So I’d probably be comfortable with them doing their normal sale thing, hopefully at/over $1billion.
they may well start the development process, adding value as they go, but full production is less likely IMO.

indeed, I’d be very happy to just follow them into their next one. Their track record is outstanding and they don’t muck around. They get on with drilling ASAP.

be nice to get in on the ground floor of a new one when mkt cap tiny.

I’ve been buying more again this week at 6.1; STM my biggest investment (although this has been helped with the big fall in IO prices too). Still looking for a few more that will make it my biggest investment at cost. They seem to want to defend it in the low 6’s. Which works for me.
High quality management with outstanding track record.

cheers,

ned.

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You bought at 6.1 ?
Lowest I could see this week was 6.2 cents

STM Price at posting: 6.9¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.5¢		Change -0.001(16.7%)		Mkt cap ! $25.95M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$1.234K	213.4K

Buyers (Bids)

No.	Vol.	Price($)
9	11048441	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	16400787	21

View Market Depth

No.	Vol.	Price($)
9	11050988	0.005
76	71701536	0.004
15	27585007	0.003
8	15089999	0.002
7	14300001	0.001

Price($)	Vol.	No.
0.006	16400787	21
0.007	9148827	10
0.008	16830124	9
0.009	5346120	4
0.010	5084359	5

Last trade - 12.56pm 27/09/2024 (20 minute delay)

STM (ASX) Chart