SAU 4.35% 8.8¢ southern gold limited

Ann: Seventh Profit Distribution of $1.5m Received From Cannon, page-9

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  1. 303 Posts.
    lightbulb Created with Sketch. 99
    Elementary my dear Watson .... the mini cash cow, Cannon, has dried up, and no replacement income source has been identified, despite interminable geomania by the Dingo and his accolytes.
    SAU has a high cash burn rate relative to its cash reserves ....
    Being a SAU shareholder is akin to being a eunuch guarding a harem ... lots of prospects (supposedly) but no production likely.
    Show me the money, show me the mineable resources, not endless lost El Dorado theories.
 
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