Short Term Trading Week Starting: 5th Sept, page-473

STTCOMP PMY, FA/TA LONG

14-hole drilling set to start tomorrow for Zinc, Lead and copper in the NT as of 9 September 2016. 51-45% JV arrangement with Sandfire Resources (SFR). Results are expected to be known around early-mid October.

Price has dropped since hitting the 1.8c mark a few weeks ago, which is the start of a gap to 2.3c. Having dropped to 1c, and several brokers loading up, a move back towards 1.6c is on the cards. A close above this, and the gap can be targeted.

My ultimate TA target is 3.2c, which is the high of the stock from a year or so ago.