The writing has been on the wall for a fair while.
I would say there is a fair bit of difference between hard rock and clay in regards to ppm. 1800ppm in clay can be economic if it has a high basket value and an economic recovery flow sheet. SGQ like most other clay explorers do not have economic clays. Hence why they are all sub $30mill MC .. Most half that or lower.
Only clay explorers with a chance IMO are ones with the more valuable heavy rare earths.
Ann: Investor Presentation, page-23
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $18.78M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.7¢ | $22.33K | 1.263M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 668271 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 250063 | 2 |
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| Last trade - 11.56am 14/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
-0.001 ( 15.0 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.7¢ | 131368 | ||
| Last updated 11.56am 14/05/2024 ? | |||||
| SGQ (ASX) Chart |