I am talking about MC based on free float shares only.
If we talk about fully diluted SOI, this 404m at 5g/t can potentially bring MC to $400mil-$500m, especially at the time gold price is stalking USD $2000/ounce mark.
404m of gold interception in a single hole is not something you see in a decade or two. In fact i have not seen anything like this from an Australian gold exploration company over the last 20 years.
Ann: SXG - 404m @ 5.1g/t Au Uncut Traversing 13 High-Grade Veins, page-44
Add SXG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.19 |
Change
-0.060(2.67%) |
Mkt cap ! $429.0M | |||
| Open | High | Low | Value | Volume |
| $2.22 | $2.24 | $2.17 | $350.6K | 159.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1502 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.22 | 934 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SXG (ASX) Chart |