SGQ - Ex CBMM Boss looking to develop SGQ'S ARAXÂ project - Commentary, page-21

@tbirdsrgo ...

You are the only one handing out abuse, some of us are asking questions that never get answered by those promoting the stock here.

All the drilling has come up with only 80,000 tonnes of mineralisation above 2% Niobium, so where is the company going to find the ore needed to build a reasonable sized mine?

The company itself has decided to not include anything from the tenement which the big old tailings dam is on. The map in the presentation shows how very limited the high grade ore really is..



The yellow dots are low grade less than 10m X grade %, and there are a dozen of them directly to the North of the small level of mineralisation.

It doesn't matter how much this gets ramped on these forums, big money is not dumb and will look at all the information before deciding to invest.

Can none of you remember the ramping by the company of the small areas of uneconomic nickel SGQ had at Mt Alexander?? There were some small areas of really nice high grade mineralisation, this is the same, there is a small area of nice high grade mineralisation, but it's small!!
The companies in outback WA already have over 660 times the quantity of high grade (over 2%) mineralisation, so can support a long large mine life.