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 economics look like against 2700 aud gold..
do your own research
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STTCOMP HRN FA LONGSP : 54cmarket cap: 45 million (approx)cash...
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