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'.
SAU Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
