Bit of interest so you'll be selling tomorrow right?
If you think SK is a pipe dream then you'd be an idiot to hold right?
You'd think the share price has fallen from $2 to 5c the way you lot are carrying on. Seriously every other $8m company on the ASX you would be lucky to get much more than a shell if not a few exploration holes being poked into the ground. If not for a bit of bad luck Cannon u/g would be close to production which would provide cashflow for the restart of TWO other mines. So we were very close to a microcap having 3 future mines albeit smaller scale.
BMV are frothing over their 50% share in SK and we hold far more land than that. If BMV can debt finance their portion then why can't SAU?
Additionally it seems like a gold resource near Kalgoorlie with gold at AUD $1,850 is valuable and will soon be monetised.
Buy NST if you want an exceptionally managed gold miner with little upside or risk.
SAU Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
