SAU 4.35% 8.8¢ southern gold limited

Ann: $1.75m Funding in Place, page-19

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 303 Posts.
    lightbulb Created with Sketch. 99
    The average price in 2012, when I bough most of my shares (on the strength of the IGR boost) was 70c .... when Simon became MD in 1st  quarter 2015, SP was 20c .... SP gone nowhere since .... BOD and MD have collected shares and fees since despite lack of progress ... now SP has picked up from 6 year lows to where the new director can exercise his new options ....hmmm ..... all on low turnover ... liquidity remains pathetic. A bit of "bad luck" with Cannon and the dog ate their homework as well I suspect. Cannon remains moribund, and the 2 mines re-opening .... no final approvals, no mine plane  and no development money .... otherwise everything is honkey doorey. SAU remains a dog awaiting a miracle cure or euthanasia. Meanwhile the MD and BOD continue to collect attendance money sans performance. SAU value remains as a tax loss, and is still a 'field of dreams'.

    https://hotcopper.com.au/data/attachments/1454/1454944-90e8f23648dce8566afcfb55adf92ffe.jpg

 
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.