SGD siguiri gold corp.

2838654.pdfHere is the full article for your reading pleasure.

Currently unlisted. Proposed listing date: 20 AUGUST 2024 #

First 3 Last

Share
Profile

Follow
ChiefWigam

799 Posts.

37

14/08/24

21:02

Post #: 75210149
Share

Originally posted by watchitgonow: ↑

The PRU strategic purchase into PDI of 17% is good news for this ipo. With PDI being a few klms up the road this could easily be 10 times listing price that as the resource in this project continues to grow and M&A activity in the area ramps up

With gold from surface and increasing grades at depth across repeating structures Siguri should be heading towards similar sort of ounces as PDI over the next 12 months.

With gold around 2500 USD oz and an expected cost of just under $1000 per oz, economics are shaping up for a massive project

This IPO at 20c for a 70mil cap and 10mil in the bank is cheap as chips, with ~1.5mil ounces already from surface to 100m deep.

With 35,000 metres of drilling already done and results due just after listing and with another 35000 metres of drilling ongoing news flow could be huge coming into year end.

Expand

Originally posted by watchitgonow: ↑

The PRU strategic purchase into PDI of 17% is good news for this ipo. With PDI being a few klms up the road this could easily be 10 times listing price that as the resource in this project continues to grow and M&A activity in the area ramps up

With gold from surface and increasing grades at depth across repeating structures Siguri should be heading towards similar sort of ounces as PDI over the next 12 months.

With gold around 2500 USD oz and an expected cost of just under $1000 per oz, economics are shaping up for a massive project

This IPO at 20c for a 70mil cap and 10mil in the bank is cheap as chips, with ~1.5mil ounces already from surface to 100m deep.

With 35,000 metres of drilling already done and results due just after listing and with another 35000 metres of drilling ongoing news flow could be huge coming into year end.

Expand

2838654.pdf
Here is the full article for your reading pleasure.

SGD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

IRE

Iress runs 'hot' for Wealth Within's stock tips

ASX Market Open: A weak performance on Wall Street keeps the Aussie bourse flat, as the world watches Iran | October 2, 2024

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 15 more messages in this thread...

First 3 Last

Add SGD (ASX) to my watchlist

2838654.pdfHere is the full article for your reading pleasure.

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Iress runs 'hot' for Wealth Within's stock tips

ASX Market Open: A weak performance on Wall Street keeps the Aussie bourse flat, as the world watches Iran | October 2, 2024

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News