SGQ 5.00% 2.1¢ st george mining limited

Why I’ve topped up on SGQ shares

  1. 1,292 Posts.
    lightbulb Created with Sketch. 150
    SGQ has already found battery grade nickel at shallow depths over a very wide area and likely has a viable mine even at just one location, with Stricklands scoping study to be announced next month. Guess what waits to be found below that. SGQ has been drilling deeper and may have recently found a tip of the iceberg. We could know within a week or two with targeted drilling being completed. I just spent 4 days researching over 100 nickel companies but, instead of investing in new ones, I decided to buy more shares in SGQ. Their cash position is good and they also have good management, also looking after both their retail and sophisticated share holders. Their timing also seems perfect with nickel price at long term highs and likely to rocket on upcoming demand for electric vehicles requiring such high grade nickel. Biden also plans to invest US$2 Trillion in the sector. The share price is also low after some folk talk profits from last capital raise. Watch the upcoming news flow! I haven’t been this excited since my high school crush 35 years ago. DYOR.
 
watchlist Created with Sketch. Add SGQ (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.001(5.00%)
Mkt cap ! $20.75M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $71.93K 3.346M

Buyers (Bids)

No. Vol. Price($)
2 869118 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 587158 2
View Market Depth
Last trade - 16.10pm 29/05/2024 (20 minute delay) ?
Last
2.1¢
  Change
0.001 ( 5.00 %)
Open High Low Volume
2.1¢ 2.2¢ 2.1¢ 583667
Last updated 14.40pm 29/05/2024 ?
SGQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.