well, here we are below the DRP price of 25c. never thought we'd...

well, here we are below the DRP price of 25c. never thought we'd see the day.
This company has amazing prospects, and is making good progress. We just aren't exciting the market.
Feedback from the 121 in Honkers was that the ASX doesn't know how to value the company. Great feedback. Continue to progress our projects, and make moves to excite the ASX, the exchange that the company has been listed on for over a decade!
MD and Directors put forward a resolution for cheap options. they were passed.
the CY2017 return to investors (less the dividend) is looking abysmal, and with the dividend is looking about break even. not good enough.
I honestly think fortnightly market updates from Gubong would generate some market interest for SAU, but I get the feel that SM is keen to keep a lid on things in SK to keep the first mover advantage intact. Great for his career, not so great for generating interest in the company, and any stability in the share price.
There is still a massive risk, imo, that this could get taken private. We are now at a point where future exploration is funded, we have a low share base, disgruntled long term holders, nil traders on board. Perfect storm.

If someone can show me any value Billing/Turvey have brought to this company, I would love to see it.
One of the brightest stars in my portfolio (wouldn't be hard lol) is looking like a lost orphan.