STTCOMP SGQ FA LONG
Nickel Explorer based in Western Australia
Market Cap $ 11 million Cash $895 000 (End Q1 2015) with recent CR for $1.55 million
Top 20 shareholders hold 43% with the top 3 shareholders holding 18%. The company has 100% ownership of the nickel rights in the emerging East Laverton Project which is highly prospective to high grade nickel sulphide structures. Currently undertaking a 2 500 m diamond drill program with results imminent from high quality targets. The project has been de-risked through systematic exploration. The tight capital structure and the imminent results from drilling could see a significant re-rate in the share price.
