SGQ 0.00% 2.5¢ st george mining limited

2019 Nickel outlook, page-254

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    From the Diggers & Dealers Conference

    John Prineas's quote speaks volumes about what is going on behind the scenes and should provide lots of comfort to holders.

    St George Mining (ASX:SGQ)
    is an exciting nickel explorer.

    Back when an ailing BHP Nickel West was divesting non-core assets St George managed picked up the Mt Alexander nickel project for an absolute song.

    Now, backed by a health(ier) nickel price and the ongoing exploration success St George is having, we reckon a revitalised Nickel West would take Mt Alexander back in a heartbeat.

    St George chairman John Prineas told * that’s “obviously not going to happen”.

    We’ve already had battery manufacturers come to us direct, asking to make an investment in St George to secure long-term supply,” he says.

    https://unauthorised investment advice/resources/diggers-dealers-your-big-final-day-wrap/

 
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