SGQ 3.23% 3.2¢ st george mining limited

100k tonnes sounds reasonable to me (maybe a tad high?).My rough...

  1. 661 Posts.
    lightbulb Created with Sketch. 220
    100k tonnes sounds reasonable to me (maybe a tad high?).
    My rough calcs had this in the 30-80k tonne range for an initial resource. But that was at 3%. At 4 it rises to the 40-100k range.
    Lots of assumptions but whatever it turns out to be it puts the value of metal up near the billion dollars.
    Translating to price targets, for me that's the 60+ cent range. Albiet a fair way to go before it's realised.
    I worry with these trading halts though. The last thing we need is another pump and dump like 2017. A slow steady rise is much better on the nerves and potential returns.
    Last edited by 2011doogs88: 01/09/19
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
0.001(3.23%)
Mkt cap ! $31.63M
Open High Low Value Volume
3.1¢ 3.2¢ 3.0¢ $55.18K 1.787M

Buyers (Bids)

No. Vol. Price($)
3 939421 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 358179 5
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.