SAU 4.35% 8.8¢ southern gold limited

Ann: WA Operations Update, page-8

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  1. 732 Posts.
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    I must have missed the bit about a SAU review. Would be a good idea, not to worried about WA assets although Doughnut Jimmy announcement has left me feeling a little disappointed not in Doughnut more in our managements style of making announcements. The trust investors demand has been eroded.
    I think it is time to review our board and thire reimbursements , simply to big and to expensive for a company like ours.
    In regards to progress reports, in my opinion we should be demanding monthly reports . It shouldn't be too hard to create say 2nd Friday evening of every month .
    In regards to SAU'S funding into the future surely SK assets would be able to deliver 18-20000 oz's annually, that would give a reasonably expected SP of around 50 cents.
    Question is , How soon?
 
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