SXG
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3.34% $2.89 southern cross gold ltd

Andrew let's say they just process the existing Wonaminta...

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  1. miningmad
    112 Posts.
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    25/09/14
    21:04
    Post #: 14030596
    Andrew
    let's say they just process the existing Wonaminta stockpile and some of the reserves for a quick 1 mill oz of silver and $4 mill profit. Virtually all the initial investment is covered. What's the downside? The original ball game was Mt Boppy and its gold. If silver grows, it's a bonus. In the meantime they've saved multi-millions of capital expenditure on the gold.
    What would really help is a financial forecast from SXG.
    SXG Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
$2.89 		Change
-0.100(3.34%) 		Mkt cap ! $565.5M
Open High Low Value Volume
$2.99 $3.05 $2.89 $506.5K 171.2K

Buyers (Bids)

No. Vol. Price($)
1 2040 $2.89
 

Sellers (Offers)

Price($) Vol. No.
$2.93 3233 1
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
SXG (ASX) Chart
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