SAU 4.35% 8.8¢ southern gold limited

Ann: Preliminary test-work results - Gubong Project, South Korea, page-8

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  1. 732 Posts.
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    Well, I don't know what positive announcement is likely too get Mr Market excited with out addressing the obvious concerns of share holders .
    Yes I do agree that SK will become a success story, that's why I continue to have a buy sentiment and yes Simon has kicked some important goals especially in SK .
    My concern is that SAU is now incredibly undervalued and a very cheap take over target. While share holders can see the potential in SK they can also see a very large red blob on their balance sheet.
    What ever the future, best luck to all .
 
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