I hope you are right ptwlnga! Though with a purchase of $5,250 he did not really bet the family farm on this. Good to see him buy at 3.5 cps - hopefully the share price somewhere around this level until operational updates provide more meaningful information on which to base valuations.
You are really hopeful about that franked dividend - I would expect the Board to wait at least a year to steady the ship before they start paying out dividends (happy to be proven wrong though!).
However, it would be helpful, if they could make some positive/definitive comment about when dividend payments might commence and what the exact dividend paying capacity might be.
SGO Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held