STK 0.00% 10.0¢ strickland metals limited

Yes I gave SSA a 'great analysis' for that post. As they said,...

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    Yes I gave SSA a 'great analysis' for that post. As they said, investors who take a long-term view with STK (2026+) are likely to be handsomely rewarded (but not necessarily of course).

    Some aspects of Strickland's fundamentals that appeal to me are:

    • The exploration results over the last 6 months - their tenements have come to life, eg. Marwari, but plenty more.
    • $55m in liquid assets - that can take them to 2026 and beyond, comfortably.
    • The board and management have done it all before, in the same geological setting (Millrose). They've demonstrated they know what they're doing on their ground.
    • The board and management own 14% of the company, and have additional financial incentives too. They didn't sell any of their shares during last year's run from 3.2c to 20c. So you can be sure they're taking a 2026+ view.

    At 7.5c, Strickland is selling at a 62.5% discount to its recent high. What's changed? A few opportune and hastily-prepared diamond holes at Marwari missed the target. And the australian gold sector (XGD) has been weak, dropping about 18% over the same period.
 
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Last
10.0¢
Change
0.000(0.00%)
Mkt cap ! $169.7M
Open High Low Value Volume
10.0¢ 10.3¢ 10.0¢ $163.0K 1.629M

Buyers (Bids)

No. Vol. Price($)
16 4095898 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 571347 7
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Last trade - 16.10pm 09/05/2024 (20 minute delay) ?
Last
10.3¢
  Change
0.000 ( 2.50 %)
Open High Low Volume
10.0¢ 10.3¢ 10.0¢ 918240
Last updated 15.08pm 09/05/2024 ?
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