Here is an example of a company that struggled to find nickel and what happened to its share price when finally getting a good drill result. SGQ has also struggled but has found some high grade nickel at shallow depths over a large strike, has eliminated some areas with deep drilling and appears to have identified some significant targets for upcoming drilling. There is still some risk but the reward could be huge. That’s speculation if you like a punt. DYOR.
How a good drill result can impact share price
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Last
2.1¢ |
Change
0.002(10.5%) |
Mkt cap ! $20.75M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.5¢ | 2.0¢ | $47.58K | 2.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 200000 | 1 |
View Market Depth
| Last trade - 15.37pm 07/05/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
0.002 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.3¢ | 2.0¢ | 898126 | ||
| Last updated 15.57pm 07/05/2024 ? | |||||
| SGQ (ASX) Chart |