I am extremely pleased to see SAR is willing to pump so much money into exploration.
75% of the spend is going to occur in the next 6 months. So the news flow is going to be heavy and if, if they have success they may well be able to rejig the mine plans to increase production rates with higher grades.
Even with the ASIC being a bit higher in 2017, SAR is going to be churning out cash which should ensure an inaugural dividend payment.
The Karari results look particularly good from the new platform. Lots to come. Wish I held more. sigh.
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