SGQ 0.00% 2.5¢ st george mining limited

Ann: Trading Halt, page-59

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  1. 2,468 Posts.
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    From what I read a few anns ago they were supposed to be fully funded for this drill campaign.
    Possibly the CR is for the next project down at fish hook. Who knows?
    I do know though the CR will hurt the SP for the short term at the very least and bring the SP close to the CR price or in some cases lower than the CR price.
    Extra dilution wont help at all either.
    On the longer term we will be well funded and if we do find something substantial and more easily mineble then just watch the price rocket.
    Last edited by vloors: 22/10/19
 
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