STTCOMP CTL FA Long Current sp: .8c Current market cap:...

STTCOMP CTL FA Long
Current sp: .8c
Current market cap: $8million

Sector: mining
Commodity: gold
Region: Victoria Australia

These guys have are currently commercially producing from a single mine in Victoria, slogging through the low grades while access to the higher grades is reached. It looks like that turning point has finally arrived today with management announcing weekly production approaching 500 oz. With the goal of producing 11-12 000 ounces for this half of the financial year.
While this is happening a second mine is being developed with more down the pipeline permitting operations continue to run smooth and capital flows in.

It’s been rough getting to this point with many capital raises along the way but how many producers out there have a quarterly revenue the same as their market capital out there.
Some risk of cap raise if 2.5m is not held by eofy due to expirey of convertible notes however currently on track to pay this bill.