STA 0.00% 9.5¢ strandline resources limited

New analyst upgrade - Shaw 42cents, page-10

  1. 9,303 Posts.
    lightbulb Created with Sketch. 1119
    Well Morgan's haven't published an update yet but a mate passed me this link where they're discussing Coburn post NAIF.

    https://soundcloud.com/morgans-financial-limited/company-update-strandline-resources-asxsta-chris-brown-senior-analyst

    some quotes:

    'a really strong story'
    ' currently got a risk value of 38 cents on it"
    'derisk financing (ie complete the funding mix) ... get a number somewhere around the 60 cents mark"
    ' production... dollar mark" - ( ie in the "2 years to production")
    'should be double where it is now... potential to grow beyond that"
    'don't say it's double, I've missed it'

    etc

    Also discusses STA as a lateral exposure to rare earths through the monazite complex, which has been helpful in getting our Chinese partners for the HMC concentrate. And highlights the competence in our management team.

    Now Morgans' clients, you're at 23 cents looking at $1 in 2 year - time to whale in? tongue.png

 
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