I hope so too; I note that Sproule is the new MD and he has, through his wife, some 22% of the the company. This will be diluted with debt providers, but if they can start with positive cash flow by end 2014, then retracting of this stock will follow. I think also at some time in the future there will be a consolidation of shares to reduce totals and improve on price to market peers.
I will take up the SPP and the options on offer, and hopefully the gold price AUD hold up with SXG producing at all in costs below $1000. Anyone else taking up the SPP?
SXG Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
