Development applications for SK is a little unrealistic @Bazsa but I like where your heads at.
Another week done since the quarterly release, and that much closer to one of many announcements we can expect.
SAU has played down the opportunity to begin producing from the tailings at Gubong, and with the recent good report regarding the water treatment results, I don't think its entirely out of the equation.
Simon presents to an investor forum in Sydney shortly. Not that these bring on market volumes.
NST have until the end of the year to deliver profits to SAU from Cannon UG. I know we are a fair way out from them relinquishing their right to mine, but we should expect to hear something soon about how NST plan to proceed. Delays occur regularly in the mining game, and I would expect that NST wont leave it to long.
SAU Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held