SGQ 3.23% 3.2¢ st george mining limited

chart update, page-76

  1. 1,350 Posts.
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    Except from st...head article that phillip_k referred to.

    Is there a danger a miner could buy you cheaply at your current market cap?“Very much so. We are being watched by all our peers; I have no doubt about that.“We would make an obvious bolt-on acquisition for a number of the existing nickel producers.“They are probably waiting for us to announce a resource so they can responsibly value us, go back to their board and say ‘OK, we can see 100,000t of nickel, that means this company is worth x dollars — let’s bid x dollars’.“But from a lowball offer, from a hostile offer we are pretty safe. Myself and my business partners that set up St George are still the largest shareholders. Together with friends and family we probably speak for over 20 per cent of the company.”
    Cheers, E
 
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