SGQ 0.00% 3.1¢ st george mining limited

Ann: Drilling Update for Mt Alexander, page-190

  1. 661 Posts.
    lightbulb Created with Sketch. 220
    Precisely my point. The cash burn in this company is like nothing else. Everyone can see it plane as day if they look. I even summarised it all a few months back in a new thread.
    Deep diamond drilling is expensive and they couldn't find it when it was shallow. It was always a recipe for failure. The money should have been spent developing the 3 resources after they hit that good intercept that sent us to 30 odd cents. If they continue on the path they are, they will have a billion shares on issue and be down near the 3-4 range.
    It would take a strong change in course for me to consider re entering on this one
    Last edited by 2011doogs88: 10/04/21
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
0.000(0.00%)
Mkt cap ! $30.64M
Open High Low Value Volume
3.2¢ 3.2¢ 3.1¢ $42.93K 1.355M

Buyers (Bids)

No. Vol. Price($)
5 1487789 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 5974 1
View Market Depth
Last trade - 13.44pm 24/07/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.