STTCOMP POD, FA LONG
Cash AUD 3.73m, MC $11m-11.5m, stock price $0.14.
SOI 85m, Performance Rights 9m, 68m Options issued at .02, due at .20 on 08/2020.
Listed on 1 March 2018, at a large discount to it Prospective Price of $0.20, with August 2020 Options also discounted. Price has continued to fall, then looked to have bottomed at .096. Has land package of 77km^2 at Weld Range, currently drilling at Parks Reef to confirm & extend shallow RAB drilled PGMs. Considers strike length of 15km and has noted continuity with previously noted thick PGM mineralisation in 27/04 ann. Also has a Ni/Cu prospect elsewhere in Weld Rage complex.
Has been written up by Stockhouse Australia.
pmd3nka (holds)
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