I think that Watermelon is as frustrated as everyone else is ..............but at least he is being optimistic.
In doing so, he shines a little bright light on things.
I think that the best way out of the tunnel would be to link up with a reputable gold producer, the one that would toll treat SE gold. The link would be strengthened by that producer both taking equity in SPQ and funding SPQ on its ledger side of the development costs. That is how I would like it to go.
It would be a win-win for both sides.
I have been saying for a couple of years now that the favourite to get involved with SE is Ravenswood Gold of Ravenswood, which is about 310kms south east of Steam Engine.
I am guessing here of course, but the last report (16 Sep 24) on the 2 options of treating the gold seemed to favour toll treating (as opposed to SPQ doing the mining etc itself) and a one-way distance of about 300kms was stated.
SPQ Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)