Can't agree more RC. They didn't tell us anything and underplayed the cash position and the need for a partner.
Interestingly he quoted roughly $30-$40M worth of more drilling to get to an MRE which allows a PFS to occur. He also mentioned they had cut costs to allow them time to negotiate properly with a partner.
IMO there is no chance for STX to go alone and obtaining a partner is the number one priority.
This is our gamble. Cheers
STM Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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.
(20min delay)