SAU 4.35% 8.8¢ southern gold limited

No doubt they are some exciting initial intercepts, but where is...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 77 Posts.
    lightbulb Created with Sketch. 20
    No doubt they are some exciting initial intercepts, but where is the second drill campaign, the market wants everything now, not in the 2nd half of 2018. Followed up straight away should of read the next announcement. Building excitement and momentum.

    There so much potential in SAU but it remains unrealised on market and that is all that matters
    U asked what would it take to move the script ?

    A change of philosophy away from the old school slow burn long term conservative outlook, not to mention safety first approach of cover you a.
    There is simply to many current options that make $ now on the ASX as apposed to potential, irrespective of how good it may be. That is all a pipe dream unless it is reflected in the SP.

    The current board have on numerous occasions spurned any momentum built up with there slowly slowly approach. We have to be market focused at all times as apposed to it will come good attitude.

    We have waisted time & $$ on Glandore.

    Cannon UG is significantly behind schedule. thus pressure on the balance sheet.

    We have not attempted to acquire another project through script and cash.

    We refuse to raise seriously big $$ to bring in much needed broker support that we never had. ( what was the purpose of the consolidation if not for this )
    Use these funds for Korea and Drill. Prove it up to the market along the way there will be big hits that will also excite the market, giving exposure, momentum & up lift in the SP.
    They can still do what they are doing in the background, but aggressive exploration comes first. (SP focused)

    Get Rid of the 3 dead weights on the board, Turvey, Billing & Boulton bring in folks that can have a material impact on the stock price. Not just get paid for "advice". Or who give out lines like "this is not my role as a non exec, that Simon's" They serve no purpose what so ever.

    Once again so much potential to do really well on market, but it is not a priority ATM.
    Small caps are spec's, so many options out there so why invest in SAU if they are not aggressive and forcing the market to pay attention through price action.

    p.s on the old money we are at 0.015 what a joke.
    They are running this like a small private organisation that is not listed.
    Time for some big changes all around.

    Just my thoughts.

    What are your thoughts ?
 
watchlist Created with Sketch. Add SAU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.