"I know that management have been courting some larger investors in recent months"
They will need a solid target drilling program and results showing good grade and quantum or where back to raising at 1ct again in a few months. Due to the last failed targeting program I still did dip in to provide the team with some $$$ on my part. Would of given more but the uncertainty of success held some $$$ back and looks like other shers agreed. I'm certain that these "courtings" will have a degree of uncertainty until the drill bit talks the talk. STM need to substantially increase the starter pit JORC. Sitting on roughly 1moz atm.
The next 12-24 months is going to be hard due to macro issues. Good asset development, COH and a ruthless management team will pull through. Maybe one of our lease might have to go???.
Wish MN all the best in this upcoming program.
GLAH
STM Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
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