You have a very myopic view and markets are not myopic where discoveries are concerned.
Refer to the recent assays from Galileo Mining ($GAL). Very average grades as far as PGEs are concerned - yet the market cap is $237m due to said assays. They have a very minor JORC resource, no plant, just average discovery holes.
The market simply doesn't care about your litmus test that you're applying to $SGQ due to your profound bitterness.
If $SGQ hits decent grades, the market will react accordingly, especially more so with the likes of Julian Hanna on the board who has a 100% success record.
You have a very myopic view and markets are not myopic where...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $16.80M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $663 | 37.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 720446 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 156569 | 2 |
View Market Depth
| Last trade - 14.58pm 23/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.8¢ | 1.7¢ | 175456 | ||
| Last updated 13.09pm 23/05/2024 ? | |||||
| SGQ (ASX) Chart |