STM 0.00% 1.4¢ sunstone metals ltd

GG,Market not wrapped ( now up 1.5%) with a commitment to give...

  1. 516 Posts.
    lightbulb Created with Sketch. 72
    GG,


    Market not wrapped ( now up 1.5%) with a commitment to give Gina 80% for funding up to building a mine. While the initial funding to drill is great, costing 30% of Titan, they are giving away another 50% for the additional funding and building the mine, which is really a soft transaction at a high fee.

    In essence TTS are giving away all the cream, when you should be able to attract cheaper funds through a higher SP or even raising debt.

    so is very much a two sided coin in attracting the likes of Gina and hopefully Duffy is a bit more astute.


 
watchlist Created with Sketch. Add STM (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $49.00M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
8 3445402 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 807499 3
View Market Depth
Last trade - 10.01am 01/05/2024 (20 minute delay) ?
STM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.