SAU 4.35% 8.8¢ southern gold limited

Ann: Seventh Profit Distribution of $1.5m Received From Cannon, page-8

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  1. 383 Posts.
    In the last couple of months we've gone ex divvie 3cents and Friday is the last day to participate in the Div Reinvestment program (at 25 cents). It was always going to be difficult for SP to run with arbitrage opportunities rising as SP rises. Next Monday that's all done with.
    Good drill results, higher metals prices can then see SP move higher, unrestrained by trading machines arbing a few cents here and there. NK situation is not really a factor IMO. It might be if we were a multi billion dollar major with huge investment there. Perspective says we've invested a couple of million dollars so far.
 
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