SAR saracen mineral holdings limited

Ann: Corporate Presentation, page-9

  1. 479 Posts.
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    SAR needs to start paying some dividend. The boss may be able to sell for tax reasons, but the small punter is not being rewarded at the moment. I understand you need to build a company, but the amount of cash being produced would suggest some trickles down to shareholders. Hedging would benefit more from a range of hedges, so as gold price rises the hedge price is locked in near it. Hedging big amounts appears contrary when gold is in @ rising price market. The SP appears to be being ramped down by one or more players. This is taking the SP down to undervalue levels. We await to see if a big holder is droppin* the price, or some other explanation.
 
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Currently unlisted public company.

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