SGQ 0.00% 2.5¢ st george mining limited

Ann: St George Signs MoU with Global Battery Investor, page-87

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  1. 15,346 Posts.
    lightbulb Created with Sketch. 687
    Best way to play it from here with the cap raise is just use the market cap
    trading at about right or slightly less value for a speculate play (probably 70 mm would be about right with the JP comment above 50 mm seems a bit low for a lithium speculative story but I am not across much of the sector to comment really)
    ….assays are due early December that were “understated” ?… again only speculative until it actually happens

    75-100 mm cap based on it being real

    cap raise is problematic so this assay lab thing needs to happen to maintain the spread …can someone pls advise when the placement shares are out I couldn’t see it ?

    still a nice gap up above not too far in the mid 9s I would be very surprised doesn’t fill if this assay thing is correct … but still needs to happen
 
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