So this is my estimate / guess as to when the announcement for holes 34 , 35, 36 and 37 will be
If hole 38 is currently being drilled now and the results from that hole are due ' late July,' as per the ASX announcement 15th June ( SXG Australian Gold Conference Presentation ) then we can assume it is taking 6 weeks from drilling to assay results . Based on that assumption, and given that holes 34 to 37 are ALREADY in the assay lab on 30th May ( as per ASX announcement ) then the results of holes 34 to 37 are due at the end of this month or first week of July
I estimate that the announcement will be after the EOFY ( June 30th 2022) and between now and then we should see an uptick in sp as those in the know begin to accumulate after the sell off due to EOFY financial commitments
So to put dates on it , I'm guessing 1st July to 4th July 2022 . If the results are good , we could easily see an appreciation in sp of 80 to 100% All IMO of course so don't bet the kids inheritance on it !
SXG announcement getting close
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Last
$2.43 |
Change
0.160(7.05%) |
Mkt cap ! $223.3M | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.44 | $2.36 | $885.3K | 370.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28428 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 2591 | 1 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$2.42 |
Change
0.160 ( 6.64 %) |
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| Open | High | Low | Volume | ||
| $2.39 | $2.43 | $2.36 | 59291 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| SXG (ASX) Chart |