So we have
Cannon UG grade control drilling. Results imminent.
High probability of Cannon UG mine. Near term cashflow.
Weolyu south drill results imminent. Blue sky target.
Cowarna exploration starting now/soon. Best of the early stage Aussie assets for a decent find.
Glandore drilling starting soon, near term jorc, near term cashflow, high probability open pit/multiple pits.
Lake Consols bullish initial exploration results. Drilling to follow.
Start drilling the Kochang Gap very soon. Could be interesting this one.
Drill Hampeyong and Transfind a bit later in the year too.
This is ignoring that we may get newsflows from Taechang/Gubong jv partners. Maybe rocket ship news too with any luck.
A bit of a smokey maybe if WGX were to divest their SKO ops to RNC we could pick up an George's Reward for pennies as not sure that RNC would want too much on their plate and WGX have already got their money's worth out of it. That would be a very good outcome for SAU IMO..
Will be interesting on how much more volume will be sold at current levels or potentially below Fridays close as the post divvie dive that happens on all stocks after the traders cash out and balance their books.
I would think that Management would like to have some spicy new info to take to Diggers starting second week of August and compel investors to take up the DRP. People may have become complacent with the slower newsflows from 2015 till just recently, just look at what we have had since start of June till now plus the above doesn't take into account JV,s a takeover or potential further acquisitions.
Price target for Monday. 22c
