SGQ 0.00% 2.5¢ st george mining limited

Ann: Drilling of Strong EM Conductors at Mt Alexander, page-161

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  1. 103 Posts.
    lightbulb Created with Sketch. 53
    Thanks HH for sharing. I agree the AGM is the proper forum to share concerns/contest their strategy etc.

    Most of us understand we are onto something special here and the share price does'nt properly reflect whats already been discovered. Many posters have suggested why this could be so.

    My reading is that the Board knows what they're onto but doesnt want to monetise it through a JORC (at this stage) so they can try and keep any aggressive bidders from scooping us up at low prices. They want the upside when the motherload if finally found and good luck to them.

    They don't want further dilution hence the JORC on a small slice of land, so no more CR's. Ongoing cash flow from the mining will pay for further drilling to find the motherload.

    I encourage those in WA to go to the AGM and ask the questions. We've all been waiting a long time.

    GLTA




 
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