SAU 4.35% 8.8¢ southern gold limited

Ann: Very high grade gold in Cannon RC drilling, page-24

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  1. 3,403 Posts.
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    Stuffed if I can work it out, other than it really relates to consulting fees and payment to suppliers (both of these items jumped in the 1H2017 P&L, probably due to Cannon production and Korean asset evaluation).

    What stands out reading past announcements to me is :
    1) drill results testing Cannon UG option have improved significantly from a year ago when it was discussed.
    2) cash generation has been excellent but the share price has not reacted
 
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