SGQ 3.70% 2.6¢ st george mining limited

Positives on SGQ!, page-51

  1. 915 Posts.
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    Just back from a trip. Nothing has changed with the posters.Still the irritation of non holders. Oh well. I remember a couple of years ago when we 1st had dimensions of orebody and approx grades i calculated around 50c a share after production costs in value of concentrate . Obviously we have issued more shares since but ni and cu have risen. PGMs and the hardly spoken about rhodium still need to be recognised. Maybe this was optimistic at the time but we will find out once the resource figures are released. Even if we net 10c a share on sales with hopefully a cash return to shareholders i'll be happy. Paterson is getting closer to drilling, another to drill and see,if no good then move on.As far as i know the new package of tenements on the west of the sandstone rd need attention.Plenty of activity all around there. Time is the enemy of the idle and impatient.
 
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