answer for ex stu investors, page-6

Ronstieb

by my calcs they are now debt free.

I like the STU story, however I am concerned with the 20 million outlay for the upcoming drill. The target is significant, however I would have preferred half the upside with half the exposure. Failure would soak up a fair bit of this years cashflow.

It is good value based on current production profile, and its recent overseas acquistions are also interesting. I would become very bullish if they continiued to add to their international exposure.

would also be happy if they bought some compnay maker targets via cash raised by issuing more shares to improve liquidity.

it is on my watchlist as is CVN and naturally coe. If production test fails this week I will be back in somewhere in the low 70s

take care