Here for the long term...will watch BR for his quintessential engineered exit when his work at SNG is done.
I fully endorse posts on this site by @Goldhunter122 as being factual and insightful (usually supported by extracts from the SNG Prospectus or SNG Company Announcements). @Goldhunter122 clearly understands the proving and development of gold mining assets as do SNG management. As@Goldhunter122 states:
"Personally, I believe they could start small scale mining from surface, then underground, within these high grade gold lodes and shoots below."24/02/2107:57Post #: 51267450
The principal risk (IMO) for SNG is on the upside....i.e. will this play be a suite of high grade underground mines or something much bigger? I suspect management already know the answer to this question. Company documents indicate they are diligently doing the requisite work to prove up and exploit not only the known low cost high grade ore shoots but intend to bring the expertise and technology now available to mining (circa 2021) to optimise SNG's highly prospective tenements.
My offer to @fullmetal100 and others.... keep buying and holding shares in SNG when they represent good value. Several years will go quickly and the results will probably be exceptional. I can almost guarantee that anyone who wants to predict the future trajectory of SNG will get it wrong. Enjoy the unfolding.
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SNG
siren gold limited
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Here for the long term...will watch BR for his quintessential...
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Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $11.16M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 4.9¢ | $8.746K | 171.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39267 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 44461 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39267 | 0.050 |
4 | 806417 | 0.049 |
2 | 1500028 | 0.048 |
1 | 110000 | 0.047 |
3 | 271425 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 44461 | 1 |
0.054 | 60000 | 2 |
0.055 | 50562 | 2 |
0.058 | 109109 | 2 |
0.060 | 155000 | 3 |
Last trade - 14.38pm 31/07/2025 (20 minute delay) ? |
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SNG (ASX) Chart |