Have a listen to this recent interview
The Southern Cross Gold team, led by MD Michael Hudson seem to be a thoroughly seasoned set of professionals . During the interview, the MD indicated that the company would embark on an aggressive drilling campaign focused primarily on Sunday Creek . He also stated he wanted to prove the discovery was a commercially viable resource within a 12 month period and that once that had been achieved , expected a bigger fish to look to acquire it . The permits they hold are adjacent and abutting Fosterville with Sunday Creek some 50km to the south east , so this is very exciting territory . They hold the drilling permits and have acquired the land around Sunday Creek to alleviate any access issues
To answer your question , I am unsure whether they currently have a mining licence but believe SXG will be acquired long before a license to mine would be necessary . All IMO of course !
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$2.27 |
Change
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Mkt cap ! $450.6M |
Open | High | Low | Value | Volume |
$2.35 | $2.35 | $2.27 | $83.24K | 35.81K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2200 | $2.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.30 | 4347 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8798 | 2.270 |
2 | 2528 | 2.260 |
2 | 2392 | 2.250 |
3 | 5148 | 2.240 |
1 | 14747 | 2.230 |
Price($) | Vol. | No. |
---|---|---|
2.320 | 5110 | 4 |
2.330 | 3728 | 5 |
2.340 | 1651 | 1 |
2.360 | 1800 | 2 |
2.370 | 2000 | 1 |
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