SAU 4.35% 8.8¢ southern gold limited

Re Valuation, page-10

  1. 2,946 Posts.
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    Not the sort of quote you read every day lol..

    "Mitchell said there was typically a lot of ore left in the walls of former mines and used the analogy of cutting a lemon in half to explain the remaining gold potential.
    “The old-timers gave the lemon a bit of a squeeze, well we’re going to put it in a press and get every bit of lemon juice out,” he said.
    “The other point is that the Bluebird group has done this many times before, so to still use the lemon analogy, they’re experts at making lemonade.”

    I think the market has discounted this too..

    “Glandore is quite a near-term priority.”

    @HotTrade Thanks for your post, I love every bit of it. Are they your notes, or a takeaway from speaking with someone? (if you don't mind me asking of course)
 
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