SGQ 3.33% 2.9¢ st george mining limited

i remember trying to calculate that about a year ago for...

  1. 287 Posts.
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    i remember trying to calculate that about a year ago for Stricklands ... from memory i had about 10kt. But its really anyone's guess as the information hasnt really been available.

    However, there was a subtle change in the messaging around Stricklands that reinforces for me that it is likely to be small.

    Last year it was sufficient to be mine on its own, and this may still ultimately be true. Yet the message changed to the ore being twice as valuable as typical nickel operations. Emphasing the value of each tonne sounds to me that there aren't as many tonnes as hoped. This was then followed by the setback involving disseminated ore in the sample, and now there is the move to consolidate all three shallow finds.
    Last edited by Jordan: 04/03/21
 
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