Ann: AMEC Convention Presentation, page-11

One big issue for me was the unknown future of Cannon UG. Still not a big resource but planned to generate cash for the future of SAU and the development of the SK-projects. With the sale of the Kalgoorlie assets from WGX to NST, the future of that cash was a 50/50 chance (for me), because NST could pursue other (bigger) goals with the Jubilee Mill. Cannon UG still needs to be developed for around 9 Mio.  and after that they have to pay parts of the Revenue to SAU from that relative small resource (well...still open at depth). For me it seemed to be not that interesting for NST, who may want to develop own, bigger projects and may have another view at the cannon mine. Anyways ... there is surely a bigger picture and WGX knew more as the operator of the Cannon mine.
I compared the last two presentations concerning the cannon Gold mine, because they changed some details in the last one.  The Expressions that struck me were:

page No. 3 (P. from May) and No. 4 (P. from June) = Organic Funding ...changed to: Cash Flow

More noticeable in the new one is:

Page 6: Cannon Gold Mine is cash generator
Page 7:  Cannon Underground (under development)

So NST might already have a plan for Cannon UG and we will generate cash as planned.
Still wait for the official Ann from one of the companies and not the requirement to read between the lines. SAU wanted to publish news in this quarter. Cash is one of the things we need in these days.

Anyways...with Kochang and Gubong they have two pretty good mines to start with production in SK.
SAU might have a bright future in SK and it is hopefully just a question of time...who knows...?

good luck