SAU 4.35% 8.8¢ southern gold limited

New Kochang Announcement, page-24

  1. 11 Posts.
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    Not much news from the WA prospects. These are either delayed or not exciting enough to report on.
    Or there could be another reason for the delay in information. SM could be re negotiating the deal with SKO to blend the high grade cannon underground ore with one or more of our other prospects.
    The deal with SKO was already structured to allow Westgold (now NST) to blend Cannon ore with other projects in order to maximise the gold recovered. If SM can blend Cannon ore with some of our other low grade prospects, it might turn something like doughnut Jimmy into an economic patch of dirt.
    Wishful thinking maybe.

    In any case there should be a lot of news coming over the next few weeks.
    The share price appears to have turned a corner. Albeit on stupidly low volume.
 
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