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3.6¢ st george mining limited

thank you really well said

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27/09/24

02:34

Post #: 75862371
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Originally posted by Bullfrog86: ↑

That DCF value is purely based on the holes drilled in a tiny proportion of the licence and it clearly states that. It also states that this value can be significantly increased with further drilling and exploration. That DCF value could triple. That was also with a 10% discount rate

It also states further drilling was not required as the length of mine operation would already be 20 years with the resources they have

It also states the project will only require a low capital cost to get started

it also states they are using a real discount rate of 10% if they used the 8% or less which is the most common in mining the NPV would be $1,375m and even more with further exploration

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thank you really well said

SGQ Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.6¢		Change 0.001(2.86%)		Mkt cap ! $38.09M

Open	High	Low	Value	Volume
3.5¢	3.7¢	3.5¢	$302.3K	8.445M

Buyers (Bids)

No.	Vol.	Price($)
4	1220934	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	545224	4

View Market Depth

No.	Vol.	Price($)
4	1220934	0.035
4	1643494	0.034
6	2639963	0.033
5	3922657	0.032
1	1111111	0.031

Price($)	Vol.	No.
0.036	545224	4
0.037	1649324	5
0.038	482159	7
0.039	1341410	4
0.040	1627176	5

Last trade - 11.20am 27/09/2024 (20 minute delay)

SGQ (ASX) Chart