SGQ 6.90% 3.1¢ st george mining limited

Ann: Thick Intercept in Deeper Drilling of Conductors, page-114

  1. 3,130 Posts.
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    mulac1,
    I would have to agree re the BHP comment.
    It would be an understatement to say that BHP were extremely generous to SGQ in those early days of the acquisition if you can believe what you read.
    You would have to expect that there would be a lot of respect for each other given the history and ensuing progression of the tenements. I could just imagine the chat over a beer...... Well, the company policy has changed but we will look after you now, and if things pan out like we think they might (ie the exploration and nickel situation) we can reassess the situation then.
    In other words BHP have minimized their risk but insured their future.
 
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