SAU 4.35% 8.8¢ southern gold limited

Re Valuation, page-40

  1. 5,521 Posts.
    lightbulb Created with Sketch. 142
    I wasn't going to post as I am hoping that we can get back to 26,s but with all the froth about Korea don't forget boots on the ground started at Cowarna according to last presso. Haven't confirmed with the company that is the case but they run to a good schedule usually. You would have to assume that that is some new money coming in.
    These older pressos have a bit about it for the more geo minded folks.
    http://www.ausimm.com.au/Content/docs/branch/2016/adelaide/new_horizons_at_bulong_presentation.pdf
    http://symposium.net.au/PMIS-2016-Presentations/Southern-Gold-Justin-Gum.pdf

    Have a go at the fluff on Cowarna thanks to our friends at Integra mining from a few moons ago. Back in 2005 no less. Haha I could still tie my own shoelaces back then.
    Refer to slides 7 8 9 10 for those not familiar our Cowarna tenement package is the IGR Avoca Jv shaded area.

    http://www.sydneyminingclub.org/downloads/pres/integra.pdf

    This comment caught my eye and while I won't hold my breath it's nice to dream.

    ‘Sunrise Dam’ structural and lithologic target in the Cowarna JV (Avoca).

    Have a good weekend folks.
 
watchlist Created with Sketch. Add SAU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.