I believe that there are two key fundamentals holding us back
1 A clear path and timeline to cashflow from Cannon UG
2 Tangible results from our Korean assets both Gubong and Weolyu. Rock chips, while encouraging, dont cut the mustard.
I also believe without a broker massaging the SP and promoting the stock we are going to struggle to gain traction as current investors give up waiting for results.
From the recent corporate presentation delivered on the 11th of Dec results from Weolyu were to be received in aprox 10 days putting us at the 21st at the earliest.What are our chances of getting this announcement before Christmas? Pretty slim in my view but i live in hope none the less.
I will remain a SAU bull however for the very reasons you have highlighted and believe our fortunes can change in the blink of an eye
Good luck to all of us
SAU Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held