As mentioned in the analyst report, people can get into the trap of short term expectations on long term projects...I.e. Short term it's up and down like a yo-yo depending on the breeze. Long term the tide is coming in
The SP is going to be very news dependent. Each hole will see the project reimagined. If El Palmar and Alba keep getting bigger, then the SP will rise.
If El Palmar is a large Porphyry deposit, given the dimensions and grades we are seeing early, it could be one of the biggest discoveries of the year. It has billion tonne+ potential.
Alba has grades up to 87g/t, less than 100m from the surface and is located right next to a bulk tonnage, although smaller size Porphyry system.
As mentioned in the analyst report, people can get into the trap...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.51M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $3.31K | 366.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 13280122 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 9474372 | 11 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| STM (ASX) Chart |