SGQ 6.25% 2.6¢ st george mining limited

What are the key drivers for SGQ now, page-60

  1. 1,581 Posts.
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    You make a couple of good points OT1961

    SGQ sent 300kg of material to Glencore XPS to test Strickland's metallurgic performance. The material was from eight PQ-size diamond core samples which SGQ considers to be representative samples across the orebody at Stricklands.

    Thus far, the time elapsed for the XPS assessment is not really long overdue. From memory, they were half cutting the Strickland cores in early July for dispatch to both Perth and Canada. I am not sure of the process and timeline for dispatch and testing 300kg of material but, we would expect news fairly soon.

    If the results are significant, and taking into account the recent metallurgical results for MAD177 at Investigators, it is reasonable to suspect that a range of discussions are underway between SGQ and Glencore.

    The results are eagerly awaited as they will give us a much clear indication of what SGQ has at Stricklands and potentially at Investigators and Cathedrals.

    Lots of potentially good news ahead and lots of reasonable speculation to be expected

    Cheers
    mulac1
 
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