SGQ 4.00% 2.6¢ st george mining limited

Ann: St George Signs MoU with Global Battery Investor, page-5

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  1. 4,663 Posts.
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    "The MOU signed by St George and Jayson establishes a framework for the parties to consider and agree on partnering on lithium-business opportunities, including St George’s flagship Mt Alexander Project"

    In other words it is a nothing agreement.

    If SGQ really believes it has "15km of a prospective pegmatite corridor" then why are they giving away the farm for a paltry $2 million investment? Brings back memories of the 2000s iron ore boom where control was effectively handed over for a modest initial investment only to become zombie companies.
 
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