SGQ 6.25% 2.6¢ st george mining limited

Ann: Quarterly Activities and Cashflow Report, page-49

  1. 7,789 Posts.
    lightbulb Created with Sketch. 599
    Howdy SandyC,

    Have been having a re-read of some of your fabulous recent posts (it takes some digesting, - all the geological detail and explanations of things, excellently written I might add) and it is always a very rewarding exercise. Thanks again for your trouble taken in writing them.

    Like a good number of posters here who have serious industry knowledge, the issue of drilling rate (number of rigs etc.) is repeated over and over again. When you speak to JP about this, why is this apparent good advice not taken up? Availability of drill rigs may or may not be a partial explanation, but can't be adequate as a full reason it seems. The theory it's to drag it all out intentionally for "salary" reasons doesn't wash with me either btw ... I don't believe that.

    So what are the reasons (given)? Surely they would know enough targets to drill if they had 3 rigs working??? (Maybe not???)

    Greater tempo and intensity would generate far more interest and activity with the share price - no harm done there for the company's causes either. So, what is behind it all? Any thoughts? JP must surely listen to the input of the likes of you and @helmenesh and your cronies???

    Cheers and thanks,

    Kip
    Last edited by Kipper01: 26/05/21
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.002(6.25%)
Mkt cap ! $25.20M
Open High Low Value Volume
2.4¢ 2.6¢ 2.4¢ $50.84K 1.996M

Buyers (Bids)

No. Vol. Price($)
1 751317 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 6000 1
View Market Depth
Last trade - 15.44pm 28/06/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.