SAU 4.35% 8.8¢ southern gold limited

Thanks for the reality check , did some calculations. 49.2 mil...

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    Thanks for the reality check , did some calculations.
    49.2 mil shares call it 50 to allow for options.
    3 cent div 1.5mil. OK not to much
    2 cent buy back 1mil. SP Confidence
    5 cent return to shareholders = market cap 25 mil or 50 cents
    Business requirements say 5 million
    Tax stab in the dark 2.5 million
    Required income 10 million
    How do we get to 10 million regularly
    1 million from Cannon
    We would then need about 18 k oz gold. Processing 500 tones per day at
    4 g/tone, sounds a lot however Weolyu could easily do that and more.
    The problem is that we can't afford to wait for big resource figures to support finance. We must take a few educated guesses to succeed.
 
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