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clock Created with Sketch. 23/11/23
20:49
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Originally posted by Shady Merv:
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Thanks MF. I try to remain detached from the share price movements. That said though, I would feel a lot better if there was more buying interest.“The potential of the Dido/Big Mag project is sector-leading and the information that we have before us is incredibly enticing,” SPQ Managing Director Peter Hwang said. “Not only is the project area considered prospective for world-class nickel-copper-PGE magmatic sulphide deposits, but the considerable work conducted by Anglo American has also proven the existence of mineralised Voisey’s Bay-style systems hosted within the Dido Batholith complex,” he said. Previous exploration work conducted by Anglo American at the Dido/Big Mag project generated roughly 100 magnetic, airborne electromagnetic (EM) and soil geochemistry targets considered to be prospective for nickel-copper-PGE ore deposit systems. Anglo American also identified numerous anomalies representing mafic and ultramafic intrusions however only two anomalies were followed up with sampling and mapping techniques as well as ground geophysical surveys over three years. Despite drilling returning positive results and confirming the presence of nickel-copper-PGE mineralisation, failed negotiations with landowners partially led to Anglo American not conducting further activities at the site. Positively for Superior, it successfully managed to negotiate land access agreements with the same landowner.
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do you not think a good strategy would have been to focus on the less appealing SE gold first knowing it's not the main play but stop dilution. would that not have been a better move. Whilst activities will slow now wet has set in, I'd imagine we will need more money early in new year. next question is what's the catalyst for a share price jump to raise at more than......... 1.8? 1.7? 1.? becoming a disaster. so much potential. how on earth are the poppies going to be in money in 12 months? what makes this 4x from here..... after at least one lot of dilution?
(20min delay)
