Amigo, thanks for the update, but it doesn't change the story. De Grey is a $2.3 billion company, with a 6 million oz Au resource @ 1.5 ppm Au - but it wasn't always that big. It takes time to build a quality project. Yes SXG has a different type of gold deposit, but gold is gold. Currently SXG's target is somewhere around 1.2 to 1.6 million oz Au at 5 to 6 ppm Au. That target could easily be surpassed with Apollo coming along well at depth. Fosterville is showing that orogenic gold, like SXG's deposit, can be mined cheaply and efficiently.
Amigo, thanks for the update, but it doesn't change the story....
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Last
$2.27 |
Change
-0.050(2.16%) |
Mkt cap ! $208.6M | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.36 | $2.16 | $813.2K | 364.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1092 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 1218 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.25 |
Change
-0.050 ( 3.16 %) |
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| Open | High | Low | Volume | ||
| $2.31 | $2.35 | $2.17 | 95863 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SXG (ASX) Chart |