Certainly easing tensions in Korea is a very significant development.
However I feel that Australian assets still hold value for SAU. A lot of work has been done by the CSIRO and at the very least this should be tested. This round of drilling in Australia will be very interesting and I feel sure that many potential shareholders will be keeping a close eye on us.
SM and the board still have my confidence. Yes there should be a review into their reimbursements and the value they add to SAU however this should not be seen as a witch hunt, simply good corporate practice.
Announcements : To understand why announcements are been slow and infrequent we should put ourselves in Simon's boots, directors are been held liable for any possible announcement that may be considered ramping incorrect or misleading , then we have the disappointment of Doughnut Jimmy. Put together I think most of us would do what Simon is ,less frequent less content = less self risk.
Hopefully Monday will bring us up to date and some good news!
Best luck to all
SAU Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held