SXG 4.62% $2.27 southern cross gold ltd

SXG Research / Summary, page-3

  1. 90 Posts.
    lightbulb Created with Sketch. 24
    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 !
 
watchlist Created with Sketch. Add SXG (ASX) to my watchlist
(20min delay)
Last
$2.27
Change
-0.110(4.62%)
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
Last trade - 10.56am 25/07/2024 (20 minute delay) ?
SXG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.