SGQ 10.0% 2.7¢ st george mining limited

They're a phosphate mining organization with significant debt....

  1. 12 Posts.
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    They're a phosphate mining organization with significant debt. It is a lot of work to get another mine into production in two completely different commodities. The idea that they can just progress this as a side project (& take on further debt to fund development) when it's not a core part of the business is a bit naive. This reminds me of the MEI acquistion.
 
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