Even at a cost of 100mil to extract the mineralisation to a private contractor and SGQ can sell it for even 350mil which is 2/3s of what has been quoted by JP if mineralisation is 10kt then that's 250mil pure cream profit or 50c/share (500mil shares on issue with 250mil presumed cash makes 50c per share) this is VERY CONSERVATIVE and is more likely like 350-400mil profit! So then why are SGQ trading at 15c when simple math tells you at least 50c is fair value imo. gltah dyor
I reckon this baby is going through the roof and this thread will become the longest on Hot Copper, page-78
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Last
3.2¢ |
Change
0.003(10.3%) |
Mkt cap ! $34.83M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.4¢ | 3.1¢ | $317.7K | 9.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2354393 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 184787 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SGQ (ASX) Chart |