I don't understand.
They have a proven resource with a JORC, they also have a mining license on owned land.
AND they don't have the dilution of a mother company.
Spending a lot of money to drill is ok but with min 5 year turn around on a mining license SXG far from i a profitable business atm.
I also predict many capital raises on the horizon.
What was your point?
Ramping of landfill and pass dream since 2013, page-94
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| NAG (ASX) Chart |