SAU 4.35% 8.8¢ southern gold limited

Thanks but as you know it's all guesswork. As you suggest there...

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  1. 91 Posts.
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    Thanks but as you know it's all guesswork.
    As you suggest there will be cash calls from our JV partners sooner or later and if we don't contribute then I assume there is likely to be a dilution mechanism.
    The amounts won't be "huge" but it is easy to imagine that eventually they'll chew through whatever cash we have.
    To avoid another CR we need to have Cannon come stream now but the famous phrase from The Castle keeps popping up.
    Until the Grand Plan is revealed all we can do is hope that there is a plan and that we'll learn about it soon, which speaking for myself isn't a particularly good investment strategy.
 
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