STTCOMP HRN FA LONG
SP : 54c
market cap: 45 million (approx)
cash approx 3.3 mill after recent raising.
gold: 1.3 million oz jorc.
plant and infrastructure (needs around a 30 mill refurb)
catalyst: high potential for corporate action with the biggest holder a fund named zeta successfully absorbing the other major share holders recently and installing their own directors, this group flogged Bligh Resources to Saracen recently for a nice turn on their coin.
note the below which is from an old report from the assets previous owners and do your own calcs on what t
he economicslook like against 2700 aud gold..
do your own research
- Forums
- ASX - Short Term Trading
- Short Term Trading Weekend Lounge: 28 - 30 Aug
Short Term Trading Weekend Lounge: 28 - 30 Aug, page-112
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online