Hi TL,Regal are shrewd operators - taking a stake is good sign...

Hi TL,

Regal are shrewd operators - taking a stake is good sign to me. I’ve recently bought into their RF1 fund after their capital raise … I wonder if any of that money has found it’s way into STA shares.

I also like the higher grade they will be processing over the first 2 years - reduces the mining and concentrator ramp up risks a bit.

No surprises in the report - which I guess you’d expect at this stage of project development. But as you say, it does have an upbeat tone. Zircon prices on a tear of late - if prices hold at these new levels once production starts, STA will be printing cash. I’ve added to my holding this morning.