SGQ 0.00% 2.9¢ st george mining limited

Ann: Drilling and Development Update - Mt Alexander, page-71

  1. 663 Posts.
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    I wouldn't put this down to this in this instance.
    The project is solid, it's managements process that is faulty. It should have been RC drilled from the beginning to define 3 JORC resources, then proceed on to development. Instead they stuffed around chasing off hole conductors at 50m, 200m, 600m and now 1000m! My god! They just don't understand. 7 years and no JORC resource. That's not a retirement fund, that's just incompetence at the highest order.
    There are no positives from this. There's just further dilution ahead and the road to 1c
 
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