SAU 4.35% 8.8¢ southern gold limited

Don't agree with many of your points and happy with progress,...

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. 2,900 Posts.
    lightbulb Created with Sketch. 127
    Don't agree with many of your points and happy with progress, but maybe SM needs some fresh blood on the board? The share price should be the main criteria for how well they are doing and until this re-rates significantly then options at 40c seems a very low hurdle. All the good news is banking up and one of several announcements could see the share price sail past 40c.

    It's sickening, but also standard that smaller resource companies need incentives to do their jobs. When companies under perform they still get a hefty wage and when they out perform they are like pigs in the trough.

    But if the share price hits 50c then i'll be happy and they can gorge all they want (the Directors that deserve it that is).

    We might be setting up for a big move. Dividend which could be taken in shares and now options potentially issued prior to potential share re-rating announcements. Directors have set themselves up nicely it seems.
 
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.