STM sunstone metals ltd

Ann: High-grade results expand size of Limon, page-45

  1. 3,848 Posts.
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    Hi jdpc35

    Your talking boutique and that's fine but this won't get out of the ground with the terrible leverage we have atm. There's no way we can raise for a small 2mtpa plant or provide any security/bank guarantee at the moment let alone pay for the mining preocurment works leading up to the build.

    STM need leverage and fast if the plan is Au production or the only option to build quick leverage is to consolidate. If that's the case I'm out

    Your thoughts are plausible. Nothing wrong with boutique, they generally produce high end high grade results albeit on low volume. Plenty of success stories out there.
    GL mate.
 
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