SGQ 0.00% 3.3¢ st george mining limited

Q&A, page-12

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    'Hypothetically, one potential deal could be a strategic investor taking a 10% placement in St George for $10m. We are continuing discussions. With the nickel market tightening, I think our chances of striking a very good deal – if we choose this route – are improving.'

    Strategic investor taking 10% stake in the Company certainly sounded like management's preferred option to raise capital moving forward, especially if it's done at a premium which sounded likely by that above statement.
 
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