25/07/2023 16:56

Strandline (STA) 22.5c

STA flat: the mineral sands company announced they have hired a CEO to support longstanding MD Luke Graham in the operations of the business. Jozsef Patarica comes from an operations background with strong credentials in the areas Strandline has struggled with.

Read more

10/07/2023 17:11

Strandline (STA) 26c

STA -5.45%: the mineral sands producer struggled today despite putting out a seemingly positive announcement that they have now shipped a total of 65kt of heavy mineral concentrate (HMC) from their Coburn asset in WA.

Read more

09/11/2022 10:31

Emerging Companies Portfolio – Amendment (s)

Read more

02/11/2022 16:39

Strandline (STA) 41.5c

STA +2.47%: the company’s Coburn project in WA is up and running, announcing that the first ore has been put through the wet concentrator. The minerals sands operation looks set to deliver its first shipment early next calendar year as the company works to finalize the mineral separation plant to further process ore. While Coburn continues to hit targets, the company is also working on developing two projects in Tanzania which could add further value.

Read more

01/09/2022 16:39

Strandline (STA) 48c

STA -2.08%: another positive update from the mineral sands company today as they progress towards the first shipment from their WA Coburn asset. Construction works are now more than 90% complete, on budget and set to be delivered ahead of schedule. Works are no focusing on finalizing the Mineral Separation Plant and supportive infrastructure...

Read more

17/08/2022 09:16

Emerging Companies Portfolio

The portfolio was up +1.62% in the week, outpacing the performance of the small ords.  Cash in the portfolio is sitting at around 9%. The portfolio is now up 20.10% for the financial year to date, a strong outperformance to its benchmark. This week the winners were led by Adore Beauty (ABY) climbing over 50%, while Strandline (STA) rose ~11% and Capitol Health (CAJ) was up ~8.5%. The main detractor was St Barbara (SBM), falling -14% on disappointing guidance.

Read more

21/07/2022 17:32

Strandline (STA) 40c

STA +8.11%: another positive update from Strandline as they approach first production at their Coburn mineral sands project. The company announced the Wet Concentration Plant (WCP)  build is coming along rapidly, raising hopes of production kick-starting this quarter. The project is now 85% built and on budget with Strandline looking to take advantage...

Read more

20/07/2022 09:30

Emerging Companies Portfolio

The portfolio had a solid week up +3.93% outpacing the gain of the market. Cash remains at around 4% but we did make some changes during the week, cutting underperformers to move into some cheap stocks with potential catalysts– St Barbara (SBM) & Lovisa (LOV). Strandline (STA) rallied more than 15% and EML Payments (EML) bounced 10% to lead the portfolio. St Barbara (SBM) & Select Harvests (SHV) both fell more than 5% to be the weakest positions in the portfolio.

Read more

29/06/2022 17:12

Strandline (STA) 35c

STA +6.06%: Strandline has announced that open-pit mining at the Coburn Mineral Sands Project will commence two months early, and with an initial strip ratio of just 0.5x, down from previous 0.7x estimates. The company also notes that the project remains on-budget. In a world where cost inflation and project delays are commonplace, this is a good outcome for the junior mineral sands player.

Read more

07/06/2022 17:34

Strandline (STA) 36.5c

STA +7.35%: another positive progress update for the junior mineral sands hopeful puts them on track for production before the end of the year. With their Coburn project in WA, Strandline are hoping to capitalize on strong mineral sands prices that are currently running around 35% higher than the feasibility study had priced in. On track and on budget is the message from the company and we expect shares to track higher given cashflow is now months away.

Read more