This stock has grabbed my attention a few times of late looks...

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lima88

46 Posts.

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10/03/24

14:48

Post #: 72832032
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Originally posted by Synergy12: ↑

You are just here to take the shine of what was a great announcement.

The fact is the nuclear graphite industry is 60,000 tons per year equating to $1.5 billion USD. SGA is less than a 30m MC. SGA has the advantage over other graphite producers that its deposit starts from surface level, is extremely high grade to start with and in a jurisdiction that has the cheapest power on the planet.

So what is the exact purpose of arguing over % of reactors. Clearly the known facts derisks the project adding another source of revenue to the myriad of sources that are high in demand. Not sure if you here to accumulate, paid to downramp or just simply some sort of energy vampire that enjoys arguing and playing devils advocate when a group of people get excited from an extremely positive announcement.

I am in balls deep here. Yes I could have bought a little bit cheaper but when the ann dropped there was a large amount of shares that were made available. Yes you can manipulate a pull back but still its hard to guarantee the volume will be available that only a good ann brings. Tree shakes only really effect weak hands which luckily this stock doesn't have too many.

Anyway the gap is closing and if I can sell some other stocks I might buy some more. Try to stay on topic. This announcement is massive news for a company that is ticking sll the boxes on the path to becoming a producer.

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This stock has grabbed my attention a few times of late looks like the company is ticking a lot of boxes along the way. I don't normally play in mining stocks but was wondering what sort of timeline would they be looking at to get to production stage of this project?

I intend to do some more research of my own but would appreciate some insight.

Cheers

SGA Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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Last 16.0¢		Change 0.000(0.00%)		Mkt cap ! $23.79M

Open	High	Low	Value	Volume
16.0¢	16.0¢	16.0¢	$7.68K	48K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	22471	1

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No.	Vol.	Price($)
1	10000	0.155
2	42706	0.150
4	117745	0.145
1	21435	0.140
2	75000	0.130

Price($)	Vol.	No.
0.160	22471	1
0.165	23250	2
0.170	38409	2
0.175	30006	1
0.180	30561	2

Last trade - 15.00pm 23/07/2024 (20 minute delay)

SGA (ASX) Chart

This stock has grabbed my attention a few times of late looks...

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Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

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This stock has grabbed my attention a few times of late looks...

Top Stories

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

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Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

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