STTCOMP MLL FA LONG
MC ~$22M
SOI ~ 320m
Cash $1.5m + ~$4m recently raised at 8c which directors and existing SH took up. Current SP at 7.1c but has a bot manipulating range from 6.7c-7.3c (proven).
Huge drill program at Lithium site currently which has a significant high grade resource...company is well into a DFS and has off-take agreements in place, in addition the gold project which last year netted ~$5m royalties... this looks to continue as Randgold has run out of ore to process.... so could be big....
From a risk to reward perspective worth a punt at these levels... lots of people stuck in the 30c+ range so registry fairly tight and T20 accumulating
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