STM sunstone metals ltd
Add to My Watchlist 0.00% ! 1.7¢

WAZZ I think they will run out of funds either this month or...

  1. ralphmouth
    726 Posts.
    lightbulb Created with Sketch. 276
    clock Created with Sketch.
    03/02/25
    15:35
    Post #: 77682915
    WAZZ I think they will run out of funds either this month or early March according to the cash flow statement.

    Estimated quarters of funding available (item 8.6 divided by item 8.3) 0.85 (from company report)

    I'm afraid the end is neigh.

    Even if they manage to get a JV partner, they still need money to fund the company. This will mean a cap raise.

    Call me cynical, but will management jump ship to a new owner and all STM shareholders get a share in a new company.

    The board will just say, it was the best we could do for shareholders.

    Sorry to be so pessimistic, but I have seen this countless times in my journey in small cap miners.

    GLTA

    DYOR

    Previous holder.
    STM Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Infini remobilising at Portland Creek after geo specialists line up 12 'priority' targets
right-arrow Created with Sketch.
NEWS Harness the power of Australia’s leading investor community
right-arrow Created with Sketch.
NEWS Firetail scoops up untested land around Excelsior – including juicy mineralisation target
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 30
right-arrow Created with Sketch.
NEWS Exclusive Pre-IPO & Investment Opportunities in Australia & North America
right-arrow Created with Sketch.
AII Analyst Buy Rating: Leading the Charge in Securing the Tungsten Supply Chain
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
1.7¢ 		Change
0.000(0.00%) 		Mkt cap ! $104.8M
Open High Low Value Volume
1.7¢ 1.7¢ 1.6¢ $42.95K 2.529M

Buyers (Bids)

No. Vol. Price($)
11 5971015 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 3496790 5
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
STM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.