I made a prediction we'd crack the dollar at August 22 (or thereabouts) and that wasn't even aided by any ale at all. The first two holes at Weolyu have pretty well made a shambles of that nearest to the pin. Putting a price target and date in the same sentence is perhaps the stupidest thing anyone can do (sober). However, I'm still convinced that all we need is the catalyst of some very good or great unexpected news and the SP will fly. That news potentially could come from Cowarna, or Kochang, or Cannon, or Gubong, or Lake Comsols, or anywhere.
Aussie dollar strength ain't exactly a bad thing, now that we're spending some cash in Korea.
USD gold and silver prices are going well. That drives the HUI, GDX and GDXJ indices, that in turn drives SP in Aussie gold stocks (well - it has done in the past).
A $1.00 SP makes SAU a 50 million MC company. Still a minnow!
SAU Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
