Nice tip.. looks promisinghave a look at the 1 I just mentioned.

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Calcio_mondo

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20/04/21

19:07

Post #: 52601797
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Originally posted by Green thumb: ↑

STTCOMP CZL FA LONG

MKT CAP 14 MILL

CASH 3MILL+

MINERAL ZINC

SP 5c

CAPITAL STRUCTURE

Shares on Issue 293,857,802
Quoted Options on Issue 68,118,999
Unquoted Options/Performance Rights 7,783,331
Cash, Receivables & Inventory
(31/12/2020) US$3.2M
Debt (31/12/2020) US$0.1M

• Plant refurbishment completed within budget
• First production: Thursday afternoon 14 April 2021
• Zinc and lead concentrate looking good ( awaiting
confirmation by assays)
• Tailings storage facility operating as expected
• Plant commenced operating at 100tpd, production
being ramped up
• Expected Zinc recoveries 75% (Aldama 70%)
• Expected lead recoveries 60% (Aldama 38%) after future
installation of shaking tables
• Constant mine water quality stabilises reagent
consumption and plant performance
• Mill oversized, targeting 200tpd at <63microns, mill
designed for 300tpd
• Installed power 1 MW duty and 1 MW standby to increase
plant availability
• Current production rates average 100 tpd, targeting 250 tpd
• Current stockpiles exceed 3,000t (~US$1.2M NRV), plan to reduce
by end Q2, 2021
• Pumping rates increased to reach target water level depth by
November 2021 maintaining scheduled drawdown
• Mine infrastructure renewed with new pumps ventilation, services,
offices and change house completed
• Purchase of updated key mobile mining equipment in progress

Very under valued imo.

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Nice tip.. looks promising

have a look at the 1 I just mentioned.
4 Upvote

0 Great analysis

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