I need some more information on this stock but decided to post the data in the meantime.
As can be seen from BigCharts (at the beginning of my previous post), SGX has been downtrending over a period till it reached $2.30, yesterday.
Today, it was $2.32.
In the meantime finance has been arranged to build a 200,000 ounces/year mining plant for the appr 3 mill. ounces Jenfing project. This consisted of Bank finance and some placement of shares.
The plant will cost about $A60-65 mill.
Gerry I don't hold SGX at the moment. Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.
SGX Price at posting:
0.0¢ Sentiment: None Disclosure: Held
