While I'm in agreement with your, there are however a few key...

While I'm in agreement with your, there are however a few key points

1. The drilling results from Millrose was going to upgrade the resource to 1m Oz anyway and the purchase by NST is validation of that.
https://www.businessnews.com.au/article/Strickland-drilling-for-big-resource-upgrade-at-Millrose

2. The Marwari hit was 31m to the "Bottom of the Hole" or "BOH" (in the announcement) using AC drilling. They only scratched the surface. So there is more potential to come. It is amazing they declare this as a discovery.

3. STK is also now cashed up for 4 years not including the dividends from NST after the sale of Millrose which means they won't be raising money any time soon.

On a comparison AAR looks like better value than STK. But I think STK targets has more potential and the cash helps. It is also why I bought about a couple of weeks back after doing some research.

As usual not a recommendation and I could be wrong as well chasing some stupid hyped up stock like STK.
Bear in mind I do hold AAR but I'm probably more excited about STK.