A lot is going to depend upon the drill results.... but... if they are good, what will happen in a market which is falling? SGQ will be a bright light in the darkness... Everywhere else stocks are losing value but SGQ (on good results) will be one of the few places where people can reverse losses.
Let's say this is the beginning of a market crash (which in my opinion it is). In 2008 there were 50 stocks that just kept going up... my favorite example was Arrow Energy which tripled (at the time there was the big move into coal seam gas)...
Nickel is a member of the new club of must haves.... regardless of what the market does in general the EV revolution and battery tech is not going to pause.
A major discovery by SGQ will stand out like dogs cogs in a battered market. There might be much more interest rather than the other way around.
A lot is going to depend upon the drill results.... but... if...
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Last
2.7¢ |
Change
0.002(8.00%) |
Mkt cap ! $29.39M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.7¢ | 2.4¢ | $296.2K | 11.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1360311 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1082090 | 3 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| SGQ (ASX) Chart |