SAU 4.35% 8.8¢ southern gold limited

Ann: Strategic agreement executed over Cannon Gold Mine, page-19

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  1. 2,900 Posts.
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    WTF?


    What do you want them to do? They made money on Cannon, did a deal for Cannon u/g which unfortunately was nixed with a takeover. Not their fault, but they still walked away with a million and a half as a break fee. If a mill doesn't want the ore then there is nothing they can do.


    We'll have to see what they come up with as an alternative, but they could hold off and do nothing and I expect a mill down the track will need feed at some stage.

 
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