Hi there Helmenesh, and thanks to DrDaryl for passing on the details of the CR.
We all knew this raise was inevitable as will be further CRs as SGQ explores complex tenements. (for the life of me, I can't understand the the negative posts regarding the CR)
Some of the money is earmarked for a maiden drill program at Paterson with the PoWs approved and presumedly the heritage survey has been completed by now. Thus far, the company has stated that the Paterson maiden drill is scheduled for May which is upon us tomorrow.
Some of the money will allow further testing of DHEMs completed after MAD199.
Either or both of these drill programmes could lead to discovery of mineralisation of significance.
I continue to have my SGQ speculator hat on at the moment (rather than my investor hat) and will look to buy back in as close as I can to the CR price and chase event driven profits.
Cheers
Mulac 1
- Forums
- ASX - By Stock
- SGQ
- Ann: Trading Halt
Ann: Trading Halt, page-48
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.2¢ |
Change
0.003(10.3%) |
Mkt cap ! $34.83M |
Open | High | Low | Value | Volume |
3.1¢ | 3.4¢ | 3.1¢ | $317.7K | 9.950M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2354393 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 184787 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2354393 | 0.032 |
4 | 3331789 | 0.031 |
8 | 6158540 | 0.030 |
7 | 6861379 | 0.029 |
9 | 9920459 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 184787 | 2 |
0.034 | 1418848 | 7 |
0.035 | 280000 | 2 |
0.036 | 450000 | 2 |
0.037 | 2652295 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
SGQ (ASX) Chart |