STTCOMP PIO FA LONG
MC $30.4 m approx.
Cash on hand $3.763m as per last quarterly as on 31.3.18 + US4.8m interest free loan to be received from Cabot Specialty Fluids Ltd, a wholly owned subsidiary of Cabot Corporation
From last announcement of binding offtake,
"Binding offtake and loan agreement signed with Cabot, a leading global specialty chemicals and performance materials company with a market capitalisation of US$4 billion;"
"Offtake agreement provides for the sale and purchase of 100% of the pollucite mined from proposed Sinclair Mine which will be supplied as DSO product."
Good news flow to continue starting from July.
Also, company has other quality assets, as per screen-shot above.
Also, today we had minimum selling pressure, so I expect good buying volume in a day or two...
All IMHO, DYOR...
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