SGQ 6.06% 3.1¢ st george mining limited

Ann: St George Opens Share Purchase Plan, page-17

  1. 11,357 Posts.
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    Yes, well said. Logically summed up. A few in here don’t understand this. I understand the disappointment and suffering of long term x holders, but nickel discoveries are not easy and these are the best market conditions we have ever seen for the sector. Soon to have around 10mil in the accounts. It should be a big year of exploration ahead of us. If the new geo with extensive nickel experience can’t find the nickel and prove up a resource then we are S out of luck. But right now, with a fresh start, it looks promising and the market is starting to wake up. Plenty of buyers are currently happy to purchase a few pips above CR price. Says to me they expect the share price to start getting a move on and re rate back to the 7-8c range while we await more results. S3 is the big one for me, drill news has been delayed a week or 2 in the past due to the difficult conditions. Expect the same again.
 
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2 550000 3.1¢
 

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3.3¢ 448380 5
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