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4.35%

8.8¢ southern gold limited

Ann: Gubong Project - Bluebird Merchant Ventures RNS Released, page-36

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Bazsa

732 Posts.

66

16/02/18

09:20

Post #: 31096918
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Originally posted by nickyboyGB ↑

The interesting thing from my perspective is that quite a lot of small cap investors have looked at BMV in UK, seen the possible extent of Gubong, understand and appreciate that the management team are self funding and they like it. I've met the BMV management and they are focussed, have a big skin in the game and I think they have a decent chance of making SK a success

I asked them why SAU seemed to get the better end of the Gubong JV deal and they admitted that SAU's deal to pick up the SK assets was extremely good value in their opinion

Going to do a lot more research into SAU and try to get a meeting with them when I'm in Adelaide in a couple of months. If I like what I see and hear, I'm in

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Thanks for looking and I will be interested in your conclusions good or bad.
Interesting to see that SP last low is higher than late December considering the fall in the world markets this is very good and dose show growing strength in the SP.

SAU Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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