Good point to reflect on progress for more recent holders and those who backed the same stuff different place.
Last CR was 22nd April 2020 at 0.5c so pretty massive increase in value compared to the placement this week. Using the Copperstone holding was key for STM in terms of funding that allowed an aggressive campaign across two leases and multiple targets making discoveries but also pure survival through the difficult times in 2020. A program of this size wouldnt have been possible and even a smaller program would have resulted in massive dilution and longer schedule.
I was not always impressed with their fixed costs, schedule and handling of the Copperstone sell down but have to say management have put the company in stronger position with multiple swing for the fences type possibilities this year.
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