the true width was only 70cm of the nugget. 0.7m true width. it wasnt a continuous consistent intersection. hence the word uncut. looks like a lot of investors dont understand mining or the meaning of uncut and dont understand that SXG doesnt have continuous intersections, but a lot of small nugget intersections. so the actual 400m+ intersection is only sporadic intersections of a few metres here and there. It will be tough to extract the gold also. The true width of the ore body is much smaller thickness- in the 40m-60m true width range. It also doesnt have a JORC.
Now well above $350m market cap fully diluted- its over valued on what they have. Its over a small area currently as well.
Ann: SXG Drills 2,318 g/t Gold over 1.0 m in best hole, page-44
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Last
$2.75 |
Change
0.060(2.23%) |
Mkt cap ! $532.5M | |||
| Open | High | Low | Value | Volume |
| $2.65 | $2.78 | $2.65 | $1.159M | 423.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1156 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 3600 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.78 |
Change
0.060 ( 2.87 %) |
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| Open | High | Low | Volume | ||
| $2.66 | $2.79 | $2.65 | 53645 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| SXG (ASX) Chart |