STA 0.00% 9.5¢ strandline resources limited

Ann: Suspension from Quotation, page-16

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  1. 730 Posts.
    lightbulb Created with Sketch. 202
    Obviously this sucks for all shareholders and feel sorry for all stuck in this

    Dunes at 0.5-1% are wind deposits so very hard to recover

    the wave deposited beach is 3% HM which is much easier to review but is very thin and makes up a smaller % of the reserve

    i assume they can recover through water spirals on the beach but struggle on the air blown dune (too fine too low grade)

    just my opinion,

    Last edited by halo_3000: 31/10/23
 
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