Sustainable Green Team Ltd. (SGTM)

[eyeamgame]

There is no reason for it to drop until additional dilution occurs.

I was concerned when they announced a dredge was going to operate with no mention of a wash plant nearly a month ago.

The recent announcement clarifies that the working dredge is removing overburden as we have used them before.

No wash plant and using a dredge to remove overburden in the past has shown there are no short term Revenues in grasp from mining.

There are agri harvests however and the possibility of some Revenues generated from them.

If 1/3 of harvest goes to replanting, 1/3 goes to the local chiefs and the people we could still realize sales for the remaining 1/3.

Having said that additional dilution is the most likely outcome.

An increase to the A/S is the largest warning bell we would see.

It is possible the company still has some remaining available A/S to sell before an increase to the A/S is required.

I wouldn't be surprised to see an additional drop to share price but the longer it holds the closer we get to the next dry season.

Removing overburdens with a dredge does not generate Revenues but it does prepare sites for the next mining season and a stockpile of washed gravels can be stockpiled for processing.

It isn't a wasted Operation it just doesn't generate funds for daily Operations.

Without funds being generated the most common method used by the company to raise Capital is selling additional shares.

eye