SAU 4.35% 8.8¢ southern gold limited

Ann: Kochang Project, South Korea - Bluebird RNS Released, page-4

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  1. 91 Posts.
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    Possibly...but unfortunately the market isn't interested. I struggle to find what will change that view in the near term. They sold all of the upside to Cannon for cheap and in SK, BMV are skilled operators but are they the right outfit to expand this to a major operation? I think it was Colin that stated they are planning to build up to 30k ounce production p.a. within 3-4 years. Hardly looking to shoot the lights out! I believe SAU need some outstanding drill results to get the market interested, which I still hope for.

    Good luck all. Cheers
 
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