Ann: June 2023 Corporate Presentation, page-6

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28/06/23

13:55

Post #: 68513531
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Originally posted by williams11: ↑

So basically the Board are saying we find it, we sell it and have no plans to build a future mine or the like, even the zinc will hive off into another company and will then be taken over, not my idea of building a future tier one company, looks like they just want a gravy train until retirement. the way I am reading this is that cash will go on drilling, rinse and repeat, where are we ever going to see dividends, obviously the Directors get nice bonuses, wages and so on, but shareholders…where do we sit on pyramid?
if I was not so far in the red I would bail out. NST must be laughing knowing that STK will keep selling the ground to them, who else would buy it. If another party were to buy in they would have to build a plant and these finds are just too small, one on one. Let’s hope that the zinc deposits are massive and we do not divest but go ahead to mining.

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It ain’t easy when your in the red to stop hoping this will turn.But as I said yday if this was their goal for 2 years to sell millrose to NST and the best they can get the SP to for their shareholders is 4/5 cent,then that speaks volumes.We should all be sitting at at least 5X with this takeover
Management have hit the jackpot,Unfortunately we have been left in the dust on this one.
Nothing will change going forward

STK Price at posting: 4.1¢ Sentiment: None Disclosure: Held
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