Bluebird MC is only about $1m less than SAU. We are obviously getting discounted somewhere as we have a lot more assets and I believe more cash than Bluebird as well.
I think the whole management team needs to go. They are doing bugger all. Takes them 2 days to even re-release Bluebird news. Promotion of the company is poor. I feel like things could definitely be done better. We are relying on Bluebird to drag us forward at the moment.
Droughie , spot on , but tasty resource though - best not throw the baby out with the bathwater- those holes cost a mountain of money to dig & require expertise as it's dangerous work . The South Africans got expertise here ,. Agree they like to get on planes & take selfies of veines of gold . but their development model has worked once - I expect it to fire
SAU Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held