I went to the AGM in Adelaide and was impressed with the new director, Andrew Zemek. He is in charge of the European operations and gave a very convincing presentation as to why STZ should finally receive the recognition it deserves. I encourage those who did not attend the AGM to have a good look at the recent announcements. There should be a lot of news and action over the next 6-12 months. Exciting times ahead and the depressed sp should become the thing of the past (but DYOR).
STZ are very actively promoting the company in Europe, with the project already receiving good reviews in the British press. The deposit is of a high quality and close to all infrastructure. As a matter of fact, any closer would be too close. The JORC compliant resource statement earlier this year and the recent positive feasibility study should encourage instos to buy STZ. With STZ being tightly held by significant holders (top 20 hold 57.7%), this should provide an upward pressure for the sp.
Regards, Dratoz
STZ Price at posting:
6.2¢ Sentiment: ST Buy Disclosure: Held
