One thing that has puzzled me about SGQ has been the lack of interest shown by WSA in the exploration results achieved on the EL in which they have a 25% interest. MT Alexander barely rates a mention in any of their presentations/annual reports under the heading "Exploration"
e.g WSA Annual Report this year
"MT ALEXANDER JOINT VENTURE (WSA 25% NONCONTRIBUTING INTEREST) With regard to E29/638 at Mt Alexander, Western Areas Limited is in a Joint Venture with St George Mining Limited (SGQ). SGQ is the Manager of the Project and has a 75% interest. WSA retains a 25% noncontributing interest in the Project until there is a decision to mine."
Full stop
No more information yet their other exploration projects don't appear to be any where near as advanced as SGQ.
My question is ;why the lack of interest?
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