SGQ 3.33% 2.9¢ st george mining limited

Ann: Mt Alexander - Drilling Update, page-127

  1. 875 Posts.
    lightbulb Created with Sketch. 861
    This is just very simplified napkin math but I should provide the hypotheses so it can be discussed :

    200×50m Massive sulphides footprint
    200×100m Disseminated sulphides footprint

    Average true thickness × grade of 12%.m Ni over the massives sulphides.
    (Can be 2.4m@5% or 4m@3% or any combination)
    Average true thickness × grade of 6%.m Ni over the disseminated area.
    (Can be 6m@1% or [email protected]% or any combination)

    2.5 specific gravity

    It gives a 6kt Ni contained, plus PGE/Cu credits probably ~8kt equivalent.

    I believe that's pretty generous metrics considering the significant intercept tables at Stricklands in previous announcements.
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
-0.001(3.33%)
Mkt cap ! $28.66M
Open High Low Value Volume
3.0¢ 3.0¢ 2.9¢ $38.36K 1.287M

Buyers (Bids)

No. Vol. Price($)
2 763080 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 173605 1
View Market Depth
Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.