STTrading weekend thread 8th and 9th February 2025, page-19

  1. 11,548 Posts.
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    STTCOMP E79 FA LONG
    shares on issue : 102.16m
    cash $1.4m
    MC on Friday close $3.9M
    E79 had a good run Friday off the back of KAL discovery next door . I was impressed in how they responded to their ASX price query.They quickly articulated the reason for their sp rise being the discovery next door and identified the drill hole 60m from their tenement boundary.I think they will be quickly planning a presso for their ground and a drill campaign.I anticipate with the still low mC they can easily put on another 50% to their MC .They have enough cash so there is no urgency to raise funds.
    https://hotcopper.com.au/data/attachments/6795/6795148-57559eb4adb844d7d48fcc7c7f7c82d3.jpg
    https://hotcopper.com.au/data/attachments/6795/6795152-2df01d72742d30031fb546c0ac09141d.jpg

    Last edited by john435: 08/02/25
 
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