SXG 0.00% $2.96 southern cross gold ltd

annual report worth a read, page-7

  1. 4,579 Posts.
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    Hi Manila,

    Thanks for the kind offer for Thai, you never know, might be in touch one day to tell you to roll out the red carpet.

    As far as liquidity is concerned for SXG, I believe they have a few more dollars due to them from POL and they will produce gold next year which will finance their projects.

    Yes, I saw that GZ is not a real happy chappy.
    He did get caught short holding POLO late last year and that would leave him with a "what's that taste in my mouth"
    feeling.
    Like I have said numerous times, for myself, it is not important that MIN take control of POL, although I hope they will and at a higher offer.
    I hope that we see a better offer/s from elsewhere, but I do see MIN as being the company that will significantly advance POL's projects.
    I reckon if a j/v scenarion was to take place, it would be a long drawn out affair. Cap raisings and dilution of POL's shares would not help us....just my thoughts and we should see MIN's proposal in a few days.

    Cheers.
 
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