Well both BSE and STA are in minerals sands but apart from that...

Well both BSE and STA are in minerals sands but apart from that it's apples and oranges. I hold both but only BSE comfortably. Producer vs junior explorer - STA doesn't seem to suit the mandate of a Hunter Hall. We are presently beggars and therefore limited in choice. Eadie has probably achieved the best that could be expected in the situation with enough capital to explore the mobile plant strategy to the fullest and a funding line to build it in 12-18 months. There should be no need for further cap raising for existing sands projects in that time but Fowlers Bay may require something. At the end of that period, assuming viability of the mobile plant plans, free cashflow will be in sight and lowered future dilution risk. We take that hit now rather than later.

I must admit I am surprised to see buying at 0.6. It doesn't make much sense to me.