SAU 4.35% 8.8¢ southern gold limited

Re Valuation, page-47

  1. 2,125 Posts.
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    Hi, looks like we will see first USD 1370 and USD 1800 gold by end 2018/mid 2019. The triangular pattern over the last few years in the gold price chart calls for a vertical rise without much of resistance. The only thing we do not know is if there is one more low around USD 1200/USD 1150 further , or we have already seen the gold price bottom, just want to know the thoughts of boarders about their judgement of SAU SP when gold hits USD 1800 in 18 - 24 months with all their SK projects also in take off condition . I am sure SAU will be in a different ballgame altogether by that time, we may find retail investors saying they bought 1000 or 2000 shares and feeling happy about it.
 
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