Australia's largest stock trading and investment forum Australia's #1 stock forum

SGQ

Click for more information

0.00%

2.5¢ st george mining limited

Venmyn gave fair value of USD 967m to Araxá, page-32

First 32 Last

Share
Profile

Follow
Archieros

1,477 Posts.

159

22/08/24

19:15

Post #: 75331446
Share

Originally posted by ozblue: ↑

@Archieros .... "highest REE and Niobium grades I've ever seen SGQ"

You probably should look at a lot more....

Did you know that WA1 with 53,000,000 tonnes of Niobium above 2% grade is 662 times the quantity of the 80,000 tonnes that SGQ have of Niobium above 2%.

662 times the quantity of high grade ore!! That's massive!!

I'm also willing to bet WA1 will find a lot more high grade ore above 2% at Luni, than SGQ find from their Araxa project.

I'm willing to bet just the increase, in high grade mineralisation above 2% at Luni is much greater than SGQ find in total above 2% at their Araxa project, so constrained is the mineralisation at SGQ's Araxa project.

All the talk of 'high grades' is meaningless unless there is quantity of it, enough to be mined. It reminds me of all the talk of great nickel grades at Mt Alexander that SGQ kept shouting about, only to never bother releasing a MRE because the quantity was too small...

I don't believe leopards change their spots, nor dragons....

Expand

sorry dude , if WA1 used the same cut off grade as SGQ their resource would drop 1/4

and in a desert 100m below the surface good luck

ours starts from surface.

SGQ will go production much faster

Last edited by Archieros: 22/08/24

SGQ Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

What each US election outcome would mean for Australian companies & investors

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 13 more messages in this thread...

First 32 Last

Add SGQ (ASX) to my watchlist