Hi there AJ, There is no doubt that a position appears to have...

Hi there AJ, There is no doubt that a position appears to have been taken over the past few trading days. It might be an Insto or it could be a predator getting set for a strike.

In my opinion, the most aggressive metals predator in Australia is the US based Private Equity Black Mountain Metals who have an Australian base in Perth. BMM is predominantly focused on battery grade metals and last year, they purchased the Lanfranchi nickel project from PAN. BMM recently made an aggressive play for POS and now have a holding of 19.8% of POS and may well try another predatory strike at POS.

If there is a predator taking a stake in SGQ, I would not be surprised if it is BMM and if it is, get set for further action once they have got a substantial holding in SGQ.

All speculation on my part ...but hey something is brewing one way or another.

Cheers

mulac1