SGQ 20.6% 4.1¢ st george mining limited

How often do explorers find lithium and nickel in the same tenement?, page-27

  1. 13,194 Posts.
    lightbulb Created with Sketch. 459
    Yes most interesting i/v and a great interviewer too - I might add - who knows his stuff.

    I think the key point here is that there is little to no doubt that we have lithium and likely similar to Red Dirt but closer to surface than them. Some talked about no spodumene in previous posts but as JP said that this occurs at lower levels (similar to Red Dirt) and it is the diamond drilling that will tell us. Drill results are expected in the next few weeks.

    Already end users are knocking on the door for offtakes and, as with others, debt financing is likely from end users.

    They talked about consolidation in the longer term given several players in a common location (4 ATM). He again mentioned end users interest in securing supply with EVs etc.

    All in all - looks good and watch this space on nickel with drilling soon.
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.