SXG 3.34% $2.89 southern cross gold ltd

fonno,SXG has come along nicely in a reasonably short time - all...

  1. 4,579 Posts.
    lightbulb Created with Sketch. 68
    fonno,

    SXG has come along nicely in a reasonably short time - all things considered since listing.
    The 425,000 oz of gold (and still growing) is most appealing for various reasons and with heap leaching method planned to be operating inside 12 months, this will give SXG sufficent funds to continue further exploration in an attempt to prove up a major resource.

    I have taken up all my entitlements in the rights issue and then some!
    I have every confidence that the SXG team are building a real success story for the future but some patience will be prudent.
    If MIN was to become a major shareholder of SXG by the takeover of Polaris, this would be an added bonus for SXG.

    "Is SXG a goer?" - not yet, but I believe it is best to get in on the ground floor rather than to wait for it to all happen.

    Cheers.
 
watchlist Created with Sketch. Add SXG (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.