Are a trading halt and major rerate of share price imminent? SGQ has already found battery grade nickel at shallow depths over a very wide area and likely has a viable mine even at just one location, with Stricklands scoping study to be announced next month. Guess what waits to be found below that. SGQ has been drilling deeper and may have recently found a tip of the iceberg. We could know within a week, with targeted drilling being completed. I spent days researching over 100 nickel companies but, instead of investing in new ones, I decided to buy more shares in SGQ. Their cash position is good and they also have good management, also looking after both their retail and sophisticated share holders. Their timing also seems perfect with nickel price at long term highs, continuing to trend up (see graph below) and likely to rocket on upcoming demand for electric vehicles requiring such high grade nickel, along with government subsidies in Europe and China. Biden also plans to invest US$2 Trillion in such. The share price is also low after some folk took profits from last capital raise. Watch the upcoming news flow! DYOR.
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $25.70M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $18.64K | 716.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1127715 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 39000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1127715 | 0.025 |
1 | 1500000 | 0.024 |
3 | 1996091 | 0.023 |
2 | 3487040 | 0.022 |
3 | 360000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 39000 | 1 |
0.027 | 423000 | 3 |
0.028 | 509799 | 4 |
0.029 | 365701 | 2 |
0.030 | 402784 | 2 |
Last trade - 12.08pm 21/06/2024 (20 minute delay) ? |
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