STTCOMP HRN FA LONGSP : 54cmarket cap: 45 million (approx)cash...

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    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 economicshttps://hotcopper.com.au/data/attachments/2427/2427348-bae28e74397426bc6d06f7909f2a1798.jpg look like against 2700 aud gold..

    do your own research









 
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