"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.
Ann: St George Signs MoU with Global Battery Investor, page-5
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Mkt cap ! $17.79M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $13.82K | 768.7K |
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| No. | Vol. | Price($) |
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| 3 | 726796 | 1.7¢ |
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| Price($) | Vol. | No. |
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| 1.8¢ | 4293 | 1 |
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| Last trade - 14.27pm 22/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.7¢ | 422661 | ||
| Last updated 13.49pm 22/05/2024 ? | |||||
| SGQ (ASX) Chart |