SAU 4.35% 8.8¢ southern gold limited

Permit To Develop Gubong, page-4

  1. 24 Posts.
    Hi JKhan,
    i agree the communication could improve but given that we have a joint venture with BMV and they are doing the physical work as agreed in the joint venture it makes sense they release to market. Given that it is not JORC compliant my understanding is they need to be very cautious what they release to market.  (Happy to be corrected on this.)

    Regarding releasing budgets for the coming season for planned activities fair call but my opinion is Simon is probably waiting to see if we do get the permit and finance for SK before he commits to a schedule and also as you say seeing how any other commercial agreements come to fruition or otherwise. (Pure speculation on my part)


    I certainly dont don’t know all the answers I’m just a punter who thinks the odds are in our favour. Time will tell I guess.

    cheers,
 
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