SAR
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0.00% $4.69 saracen mineral holdings limited

Ann: March 2016 Quarterly Report-SAR.AX, page-2

  1. speculator101
    11,863 Posts.
    lightbulb Created with Sketch. 6509
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    27/04/16
    20:52
    Post #: 17613967
    Hmm.. no comment at all?
    Pretty good quarterly IMHO and I don't even hold. ha.

    A shame about the hedge though. I know they got a bit unlucky with timing... but 85k at $1400 is going to hurt sooner or later. Anyway, on my very basic metrics, SAR should have a further 30-40% in SP growth once they hit 300k pa. At least compared to their peers like RRL.
    SAR Price at posting: $1.05 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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