STM 0.00% 0.9¢ sunstone metals ltd

i attended the RRS lunch in Brisbane and was impressed by...

  1. 28 Posts.
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    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
 
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