SGQ 5.26% 2.0¢ st george mining limited

Western Areas

  1. 445 Posts.
    lightbulb Created with Sketch. 149
    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?
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.001(5.26%)
Mkt cap ! $20.75M
Open High Low Value Volume
2.0¢ 2.5¢ 2.0¢ $47.31K 2.187M

Buyers (Bids)

No. Vol. Price($)
4 494203 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 200000 1
View Market Depth
Last trade - 15.07pm 07/05/2024 (20 minute delay) ?
Last
2.1¢
  Change
0.001 ( 5.00 %)
Open High Low Volume
2.0¢ 2.3¢ 2.0¢ 793724
Last updated 15.07pm 07/05/2024 ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.