STTCOMP ELT, TA Long
Elementos Limited – Tasmanian Tin Project.
Highest grade open pit resource in Australia.
800,000t @ 0.81% tin and 0.27% copper JORC Indicated Resource
MC ~$8.5 Mill
SOI ~850 Mill
Top 20 ~65%
SP 0.010
Lightly traded and seemingly tightly held....therefore maybe not really suited to STT Tip but highest volume in near 18 months may be a sign of it becoming a bit more Liquid/active.....Anyway happy to put it out there.
- Been trading between 0.006 – 0.009 for a long period but looks to be ready to break.
- IMO it has been / is being accumulated......OBV looking very bullish.
- MACD & RSI have lots of room to move.
Daily Chart
Weekly Chart
Cheers everyone
Happy Australia Day.......
