STTCOMP MI6 FA LONG Minerals 260 back on the boards today after a change of direction. The recent acquisition of the Bullabulling gold project and the cap raise to pull this off 220 million is no small cheese. The project holds a JORC of 60mt @ 1.2 GPT Au for 2.3 moz in both indicated and inferred category. This is the bit i like the board consists of M.D Luke McFadyen, chairman Timothy Goyder who tipped in 12 million of the raise and 6.1% holder. Significant upside exists at this project and fully funded to hit the ground running. S.P was at 12 cents was at 11 cents most of the day and bit of shuffling after relisting will be expected. 237.7 mkt cap with 2.06 bsoi that could do with a tidy up consolidation from the lithium bad old days. Be a slow burn to begin but has the right people and project to make things happen.
