STB south boulder mines ltd
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STB current cash balance = $2.5 million (+$1.5 mill in non core...

  1. tonymaso
    162 Posts.
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    29/07/09
    10:22
    Post #: 5442439
    STB current cash balance = $2.5 million (+$1.5 mill in non core shareholdings). Exploration budget for the first year (including diamond drilling) is $500K. They are free carried on the nickel stuff, and run a very tight ship (ref previous quarterly's cash burn figures).

    So no money required for some time...

    STB Price at posting: 11.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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