i'm with you @fmx_rider, great potential but a few questions to be answered - with more drilling.
for anyone looking to understand the geology better the best description I have found is in the ann from 14th march 2017. one comment that concerns me is the reference to 'These later proterozic intrusions remelted some of the ultramafic-hosted nickel-copper sulphides and remobilised them," eck. not a great sign for the continuity of the orebody.
Having said that, and taking fmx's point about MAD71 being a freak hole, if the orebody is in the 1.5 - 2m wide range and the grade is in the 1.5% Ni++ to 5% Ni++ then it won't need massive tonnes to make a viable mine.
Would 100k tonnes of contained Ni get this thing off the ground? how many tonnes of Ni did Western Areas kick-off with? or IGO with their first Ni mine - blair?
- Forums
- ASX - By Stock
- SGQ
- Ann: St George at Proactive Investors CEO Sessions
Ann: St George at Proactive Investors CEO Sessions, page-43
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGQ (ASX) to my watchlist
|
|||||
Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.62M |
Open | High | Low | Value | Volume |
3.3¢ | 3.4¢ | 3.2¢ | $49.53K | 1.514M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16789 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 7530 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16789 | 0.033 |
4 | 3231727 | 0.032 |
5 | 5005555 | 0.031 |
3 | 2854166 | 0.030 |
3 | 2308000 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 7530 | 1 |
0.035 | 1618751 | 7 |
0.036 | 1081500 | 2 |
0.038 | 106916 | 2 |
0.039 | 1345000 | 2 |
Last trade - 15.53pm 01/08/2024 (20 minute delay) ? |
Featured News
SGQ (ASX) Chart |