Low Leverage / Minimal DebtThe company has essentially no debt as of FY2025, which materially lowers bankruptcy and interest-rate risk. For an exploration-stage miner reliant on funding rounds, low leverage preserves strategic flexibility to negotiate JV/farm-out deals or raise capital without debt overhang.
Explicit Monetisation Pathways From ExplorationStellar’s stated business model emphasizes exploration success and multiple monetisation routes (project sale, farm-out/JV, royalties). These structural exit options provide durable avenues to realise value without immediate mine construction, improving the odds of value capture if resources are delineated.
Multi-commodity Base Metals FocusA portfolio emphasis on zinc, lead and silver offers commodity optionality and multiple potential offtake or partner interests. For an explorer, diversified base-metal targets can increase strategic flexibility to pursue the most viable project path or attract third-party funding across different metal markets.