STM 9.09% 1.2¢ sunstone metals ltd

Hi Rusty,I too was charged with doing investor relations for a...

  1. 4,593 Posts.
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    Hi Rusty,
    I too was charged with doing investor relations for a large gold group many moons ago.
    Our greatest problem was not accessing large institutions, it was the lack of credibility of the CEO.
    The market simply did not trust him.
    As I was not the CEO guess who got the blame for the share price - and who also got the bullet - me.
    Lesson learned - don't work for assholes not matter the salary.
    I reckon MN has credibility and I think we now have a new director who actually gets capital markets and brokers and the need to restore value for existing shareholders. Sadly our current Chair is a geophysicist and not a corporate type.Do we really need him? Where is the value add? Maybe the Chair is part of our problematic share price?
    As to the future, I reckon the focus over the next six months will be on Limon and increasing the Limon MR.
    A revised upward MRE for the Bramaderos project by mid-year would be good but I am not sure if that is doable.
    An increased exploration target would also be good - and that should be doable.
    A PFS would come some time after that......
    A stronger gold and copper market could provide the underpinning for a decent share price lift if exploration results live up to our hopes.
    Watching and waiting........
    DDD
 
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Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
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