SGQ 7.14% 3.0¢ st george mining limited

Ann: Results of Annual General Meeting, page-63

  1. 7,580 Posts.
    lightbulb Created with Sketch. 2097
    Hi mulac1

    a quibble with your post...

    I think results from Canada are central to the business plan. Having the assays would normally be enough to supply a JORC but since the ore will be processed in probably Canada the true economic value can't be stated without having hard numbers on the recovery rates.
    The JORC will provide 3 categories... the most important number is what's the reserve (i.e. that which can be profitably mined at prevailing prices) if SGQ published a JORC based solely on the Ni/Cu then the market would price the company accordingly.

    Secondly, I suspect JP wants to raise some finance to fund a mine... if he wants debt financing then he will need a complete data set...

    Thirdly, everything, everywhere is running slowly at the moment. Timelines are not what they used to be.
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.002(7.14%)
Mkt cap ! $32.65M
Open High Low Value Volume
2.9¢ 3.0¢ 2.8¢ $109.8K 3.790M

Buyers (Bids)

No. Vol. Price($)
2 238483 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 298374 4
View Market Depth
Last trade - 15.34pm 11/09/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.