When I first examined SGQ what stood out in my mind is the company has always been undercapitalised relative to the exploration task. It is not something I have queried management about but I think it possibly forced them to prioritize the hunt for an obvious commercial discovery.
In my opinion, the current set of drill targets hold the prospect of fulfilling that objective and if it turns out that way the economic value of the near surface will become a higher priority than previously and so now we are seeing the company advance that aspect of things.
Ann: Drilling to Resume at Mt Alexander, page-236
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SGQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $34.83M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.2¢ | $185.4K | 5.610M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 5432596 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 931863 | 4 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| SGQ (ASX) Chart |