Just checking to see why there are no posts on SXG or even PLY now the two have merged and formed quite a cashed-up entity with lots of potential? Both stocks have been on a long-term sp slide but with SCG bringing some potential new mine assets to the game and PLY bringing cash reserves and a positive income flow then hopefully the new company should see increased gold production with existing resources like a CIL plant and good technical capability. Not much info yet as to how the merged entity will approach the selection of priority areas to develop and which areas to continue exploration and resource evaluation but hopefully there will be an announcement from the new board and management team soon.
- Forums
- ASX - By Stock
- SXG
- no posts
no posts
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)