@tbirdsrgo .. You can't answer the question so attack the questioner, classy, very classy....
The only bad smell here is the corpses of all the investors drained of funds by this mob over the years. If they had a half bit of decency they would have announced the MRE that they spent a lot of shareholder funds on doing the drilling, assaying and employing of expert to do it.
Or perhaps they would come clean with the actual assay results they failed to declare to the market, for example the drilling from Paterson expected in a month according to this announcement over a year ago...
https://stgm.com.au/uploads/documents/2021_ASX/2247971.pdf
The actual announcement headlines ...
"
PATERSON PROJECT – HIGHLY SUCCESSFUL MAIDEN DRILL PROGRAMME"
So successful, that they didn't bother to mention what the actual assays were over the following months.
Instead they moved on to the next exciting drilling program being drilling the "Stand out targets" from the seismic surveys.
That seismic survey and drilling the 'targets' were always a waste of money and I stated it at the time, long before the disastrous results.. Meanwhile the Paterson assays were never released..
However the Paterson results, not good enough to release to market, were good enough to do a follow up diamond drilling program.. How does that work?? The DD program that was meant to start in October 2021, there are still no results from.. Strange they need to do a cap raise before those results
How do I buy shares in that diamond drilling company??
In terms of lithium, the first thing ST George need to do is identify some areas of large pegmatites that have the possibility of finding something decent. A bit of spodumene, if they find any, is useless in tiny thin pegmatites spread out.
No-one here has bothered to discuss how the locations of those first holes clearly showed there was no other pegmatites near the first holes drilled, proven by the hole pointing North instead of South being barren of pegmatite, and the Easterly and Westerly holes coming up empty as well.. No-one likes reality when hoping for a bigger fool...
If they don't have any decent sized clustered pegmatites then exploring for lithium is going to be just another waste of shareholder funds.
The mere fact that people here try to make out St George is a good speccie relative to others, when it clearly is not based on overinflated Mcap for a company with nothing but bare exploration ground, where hundreds of holes drilled have not come up with anything worth following up, tells me we either have a room full of company shills here, or a lot of desperate holders that are in way too deep.. Probably the former as most investors are not so stupid to continue holding dogs that consistently waste cash and go down in value.
This is still 50% below what I sold my shares for, despite the recent lithium pump, so for all the comments about non holders 'missing out', yes I've missed out on losing 50% of my capital, instead putting it to better use elsewhere in stocks that have gone up in value...
