SAU 4.35% 8.8¢ southern gold limited

No debt Small share register (leverage) Money in the bank P/E =...

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  1. 44 Posts.
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    No debt
    Small share register (leverage)
    Money in the bank
    P/E = 5
    P/BV = 0.7
    SK mines unknown profits??

    If they stike big in SK the SP would have to go up substantially but ATM for now it sits in my undervalued stocks that I am just going to set and forget....

    The business model is set up to pay its way, the company is being run like a good business and if we give up big profits for no risk and a little profit, that's fine by me.
    No one ever went broke making a profit and when the time comes to pull the trigger on the next montherloade... As per the company announcement there is a "war chest"to afford our own way
    And avoid dilution.

    all these little profits over time have to become significant at some point and rerate the share price...

    As usual do your own research and good luck..
 
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Currently unlisted public company.

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