No doubt Victoria has its reputation but there are a couple operating mines nearby and things change over the years. No way we would expect Sunday Creek to become a mine overnight. Step 1: Discover the gold. Isn’t there a crazy statistic like 1 in 1000 gold explorers end up with a discovery that becomes a mine? Or was it one in 10,000? There are many large discoveries that are a long way from becoming an operating mine but have a valuation that SXG shareholders would be pleased to have.
There’s a saying like “Don’t count your chickens before they’re hatched”. I think we need to discover we have eggs first
Ann: Change in substantial holding, page-24
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Last
$2.38 |
Change
0.200(9.17%) |
Mkt cap ! $466.3M | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.40 | $2.25 | $494.1K | 211.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 8543 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| SXG (ASX) Chart |