Howdy Stag11,
Yes I agree, they will not wait to the last minute for a CR.
Timing will be important in relation to the next cap raise. A maiden JORC estimate is due this quarter for Stricklands and a scoping study is underway.
If the estimate is viable, the scoping study may, in part, lead to a decision to mine and then WSA will become a contributor to the cost at 25%.
There is no doubt JP wants to fast track Stricklands and a CR will be necessary and if the metrics look good, the SP could be .20c or more at the time of a CR. The alternative might be a JV with WSA increasing its share of E29/638.
SGQ is fast approaching the most significant milestone in its short history.
Cheers
Mulac1
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.71M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $23.54K | 941.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 37977 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 257447 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 37977 | 0.025 |
1 | 1500000 | 0.024 |
3 | 1996091 | 0.023 |
2 | 3487040 | 0.022 |
3 | 360000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 257447 | 4 |
0.027 | 373000 | 4 |
0.028 | 509799 | 4 |
0.029 | 365701 | 2 |
0.030 | 402784 | 2 |
Last trade - 15.44pm 25/06/2024 (20 minute delay) ? |
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