STA strandline resources limited

Where is STA in comparison, page-2

  1. 3,800 Posts.
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    a 12 X consolidation from 0.007 so 8.4cents is the magic number to compare with.


    hard to understand why still hopelessly stuck but I am concerned that this is discounting management rather than valuing the project.


    Other reasons / excuses:

    (a) imminent capital raise;

    (b) overhang of major shareholder's stock;

    (c) continued scepticism / uncertainty re Tanzanian mining laws

    (d) the sands sector in the duldrums (see ILU is not starring at the moment).  maybe consequential damage from China's economic numbers and/or US / China spat


    Pick your poison I suppose.


    Have a great day

 
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