SGQ 2.86% 3.6¢ st george mining limited

2019 Nickel outlook

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    Hope everyone had a great day yesterday.........my discipline and restraint for the finer culinary delights was severely tested and I failed miserably. It was for a good cause though.

    So whats in store for 2019?

    No doubt the current market conditions and Trumpalumps chest beating are casting a somewhat negative aura over the metals in general. Battery technology will no doubt continue to develop and will provide some tantalising options.

    SGQ will start to move into the pre-producer mode with a more definite resource definition and the drilling program will continue to prove up what is arguably an economic resource.

    The collage of metals we have, as any single entity, will provide significant credits to the mine model. I particularly like the significant palladium content of the drill cores. Economical in their own right.

    All in all, very happy to ride this through 2019 and will continue to add on any weakness. This is moving to investment grade from speculation with projected deficits in the metals adding to the attractiveness. The geopolitical stability also cannot be ignored.

    All the best to fellow holders for 2019


    https://investingnews.com/daily/res.../nickel-investing/nickel-outlook-price-gains/
 
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