SGQ 3.85% 2.5¢ st george mining limited

sinical, Good Morning and thank you for your reply. Yes your...

  1. 1,195 Posts.
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    sinical, Good Morning and thank you for your reply. Yes your reasoning is very wise and correct, my reservations however are in funding. The next fundraising will have to be very ambitious if the sort of drilling programme that is going to be required at MA is to be ultimately fulfilled. With regard to the Paterson programme - and I stand correcting - the last drilling results did not intersect any significant mineralisation or any compelling geological targets that warrant an ambitious follow through drilling campaign, this is why I would put Paterson on the back burner for the next 18 months and only spend the minimum expenditure requirements imposed by the license.

    Cheers sinical.
    Helmenesh.
 
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