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clock Created with Sketch. 28/09/16
22:01
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Originally posted by HotTrade
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So haven't really posted in a while on SAU. While still keenly following the solid progress made by simon and his team in both there Australian & Korean operations.
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Agreed, the likely upside for this one is pretty remarkable. Should be receiving cash roughly equal to the current MC around the end of the year, and, oh by the way, they're sitting on an estimated 0.5-1.5 MOz Au in South Korea. I hope they don't get too fixated on paying a dividend; I think they'll have much more lucrative ways to use their cash, namely getting that gold out of the ground!
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