STM 0.00% 0.7¢ sunstone metals ltd

Ann: Quarterly Activities and Cashflow Report, page-8

  1. 28 Posts.
    lightbulb Created with Sketch. 4
    i attended the RRS lunch in Brisbane and was impressed by Malcolm - quiet, understated and clearly knows this type of system at Bromaderos and has a track record that gives confidence

    I came away with the take outs that the stock may not move soon unless current drilling in Finland is positive, but that it looks encouraging and worth a punt by itself

    Much will depend on the JV deal they will look at for Viscaria - and that offers big embedded optionality

    I feel we may hVe to wait till year end for the drilling permission at Bromaderos and hopefully a few positive holes - that would be transformational regardless of what happens in Scandinavia.

    The question is then when they will need capital and at what price. i am accumulating at <1.8c for now and hope that a rights issue when capital is raised looks after retail shareholders
 
watchlist Created with Sketch. Add STM (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $26.96M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 10044 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 1530000 4
View Market Depth
Last trade - 16.12pm 06/09/2024 (20 minute delay) ?
STM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.