SGQ 6.25% 2.6¢ st george mining limited

Ann: High-Impact Drilling at Mt Alexander, page-175

  1. 1,581 Posts.
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    Hi there OT, mate, there is a long time between now and a "starter mine".

    First we need the Canadian Met tests results as well as the process flow model that Entech need so they can provide a mineral resource estimate.

    Then they need to do the scoping study which I assume will include the mine design anddevelopment, the mining production schedules and the financial modelling.

    Then they need approvals and so on. So we are a long way from turning Strickland ore into revenue.

    And, as they foreshadowed in December, they might even bring Investigators and Cathedrals infill results into the MRE equation and if they do that, you would bet that the time frame would be pushed further out.

    I wonder if that RC rig has arrived at MA to do the INV CATH infill?

    There is a lot of information that we investors are hanging out for atm.

    Cheers
    Mulac1
 
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