yep communication is important, market doesn't like or reward uncertainty.
We are better situated in nearly every way compared to sxg but the company isn't really marketing that, to the point I honestly reckon they don't want the sp to go up right now.
Another point to remember unfortunately is Australian based juniors and developers both always get a premium valuation compared to overseas peers even when they really shouldn't.
Even if sxg proves up a good resource they will go through hell trying to get a new mine and mill built in Victoria, it will take YEARS, be more costly, more costly power, more royalties and general cost of doing business. But still seen as "safer" and more desirable location for some reason.
I reckon I'll buy another parcel here as soon as they announce they have received their next payment.
Good luck to all
Time for some announcements please
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Open | High | Low | Value | Volume |
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1 | 11000 | 0.083 |
1 | 8024 | 0.082 |
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