@ozblue
Yes I have been very bullish as my research is telling me that they are honing in on a major discovery. Yes they have not been successful over the last year however investing about the end result not about the journey. Like life there are many curve balls thrown at us but it is how we handle them that determines the end results and imo this is no different to the St George journey. Yes they lost their way during Covid but so did many other companies. The bottom line is that the nickel has come from below and they are getting very close. The sp can do what it wants along the journey and holders will not lose out unless they sell before the journey ends. Yes there is a risk that it does not end well but I do not believe this to be the case with what St George is onto. Time will tell.
I never said seismic showed EM anomalies. It is impossible for a simple announcement picture to show what the experts are seeing through their modelling and computer analysis. What the seismic does is identify sharp boundaries and structural and lithological structures and combined with what the company already knows they have concluded that there is a very high probability of a major nickel sulphide deposit as per figure 1 of their recent announcement.
Like life things change and because something has not been communicated as yet does not mean it is a cover up. Sure mistakes have been made and we all make mistakes but who careswhenthe sp may end up well north of $1.
Regarding the BODs investing in another company and not investing further cash into St George.The 3 directors and management hold 5% of the company and have $Ms invested in St George.Maybe look around you and you will notice that many company CEOs and directors of these companies have multiple investments in other companies, other investments and sit on multiple company boards as chairpersons, directors, executives and /or consultants.
The only thing I am annoyed with is the continuous negativity being dished up based on unfounded assumptions and views. I have based my views on the information I have access to and continue to practice what I preach whereas you make many assumptions and have actually bought shares to make money off those you convinced to sell whilst down ramping the sp.
There are many explorers and miners that have been bagged by multiple people over the years only to now be market darlings and significant multiples of what they were. No one would touch them then but now everyone wants them and those that sold early have never forgiven themselves. St George will be no different and if they are not it’s not your money so move on.
SandyC
