STTCOMP BMG FA LONG
From the latest quarterly release to the last quarterly release the language has changed - they are talking more about "rapid pathway to production".That's nearly potentially 150koz of Gold Open pit free milling type which assuming about costs $100 per oz for Open Pit amounts to ~$500M
Definitely this one is one of the cheapest on the ASX on a ~$15/oz EV level in my opinion
Something huge happening in the background?
Perhaps the previous drilling results results didn't fall off the back of the truck and just maybe an NDA of some sort has been signed on the pretext of "interest for investment in the Abercromby Gold Project".
One more thing- the company changed office to where google search reveals same place as $160M market cap Mindax Limited MDX:
Incidentally Mindax are looking for project acquisitions with more than $7M in the bank:
Finally - Taylor Collison finds the buying pretty smart down here at near lows buying nearly 33M shares last 2 months at prices higher than today
I could be completely wrong so
Good Luck to All and DYOR
