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.
MM is long & bullish STA
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