SGQ 0.00% 3.3¢ st george mining limited

SGQ in 2020, page-229

  1. 5,130 Posts.
    lightbulb Created with Sketch. 3120
    Or , at very least - @Stan123 ~ you have your Thumbnail . (Profile pic ! )
    ____________________________________
    There will be an update from St George , next week, if it has not come today .

    Looking very much forward to any new analysis that has been done over the broader tenements- to guide the exploration programme . Outstanding lab results , and the 2020 rampup . This year needs to be a major campaign!

    For Mining to be in-swing by 2023 : means a dramatic year in exploration and definition of the MA Resources .
    **This significantly , very high grade Nickel has come from below, somewhere - “The Source “.
    Its an intriguing and mixed up puzzle , and makes us all very interested in geology; and now through the last years exploration, the high grade Nickel resource is over a large strike length , with what can be potentially , we envisage , be very longterm mining .

    My thoughts , as a question I guess :
    **Wildcard news possible from JP - Palladium, ultra high price now , & way more precious than Gold.
    ( we have gold also in the ore , as well )
    *What IF :
    JP , and the Board , come out with proposals to commence some high grade , shallower ore extrusion mining ??
    Palladium prices are so high - this would not be dissimilar to mining development companies commencing some shallow toll gold mining and so move into earning , and self- fund the exploration drilling and all operations towards ultimate Resource definition and large scale mining . (in a Major JV, when indicated )
    The Company then is not vulnerable to CRs and the shareprice continuing to be held down due to uncertainty of money ongoing being needed , and suppression of sp so new investment money gets in , with shares issued at lower level shareprices when raising funds .
    This is logical and obvious.

    I don’t think that John Prineas or anyone holding , wants much dilution of existing shareholders from here forth .

    So they drill , drill , drill - 2020. Lift the Prospects . (Cornerstone investment otherwise ? )
    Or maybe even ? - think about high grade (semi ) precious ore mining? ( we do have Palladium? of significance? ) , and the Nickel , Co. And Copper !

    **I have no mining background so I apologise - but our MD has mentioned this approach I think - and now we are here , in 2020 already .**

    I’m very glad and happy also to see helmenesh back on deck
    Please continue to do all you can and as instructed to fully recuperate @helmenesh ! , and I hope that this will be a very good year for All
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.000(0.00%)
Mkt cap ! $32.62M
Open High Low Value Volume
3.3¢ 3.3¢ 3.1¢ $39.69K 1.272M

Buyers (Bids)

No. Vol. Price($)
1 282049 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 255143 2
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.