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MM thoughts on STA & ORE

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked

MM thoughts on STA & ORE

“Hi MM Team Can you please give me your current view on STA (Strandline Resources) and after their run up this week - LITHIUM STOCKS and in particular ORE (Orocobre).” - Regards Debbie G.

Answer

Hi Debbie,

STA – is now valued just over $100m after its recent rally, we like this resources business with technical stocks under 17c – look for a funding deal to be the next catalyst.

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Strandline Resources (STA)
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