STTCOMP ARM FA LONGSOI 235MMC: 4.45mCASH 1.4 millionplus...

  1. 6,951 Posts.
    lightbulb Created with Sketch. 532
    STTCOMP ARM FA LONG
    SOI 235M
    MC: 4.45m
    CASH 1.4 million
    plus recently sold shares in PDI worth just over 2 million
    plus has 26 million shares left @ 8c current PDI SP is worth 2 million.
    plus have shares in XTC which is worth 500k

    so all up cash and investments ARM is worth about 6 million and the current MC is only 4.45 million
    giving ARM a negative EV of 1.5 million

    plus arm has a nice patch of ground next door and along strike to DEG ( 1 billion mc)

    and also ground at MT sort on ravenscope greenstone belt with high grade gold and vmh mineralisation
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.