I wouldn't be against a divvie if the POG (AUD) shot up into the...

I wouldn't be against a divvie if the POG (AUD) shot up into the 1700s again (and quickly). At current prices, though, the money could be better spent elsewhere.

It would be good to see a video of SM giving this presentation. There's nothing much new in there for us who follow this closely. However, there's plenty of great "selling" points to add verbally. I think SM will do a great job promoting SAU in his 15 minutes.

Some key points for me;

1) New website construction (simple move but very important for first impression to new investors).

2) Glandore situation with heritage issues is slightly ambiguous to me. March drilling planned. Have to spend 300K of drilling in March or lose out on getting 50% of tenement. Anyway, the statement in the preso implies confidence in achieving this, then further JORC drilling(400 K) to follow after April, and finally a PFS (presumably with the last 500K that would take SAU's stake up to 90%). This is very achievable, hopefully no setbacks though.

3) 3 production centres planned in South Korea. If that's not a sign of supreme confidence in what's coming around the corner, I don't what else could be. These LS epithermal veins are "manna from heaven" to a junior explore/producer. In Hokaido, across the ditch, the ore grades are so high that ore is graded manually by Sumimoto Workers on a conveyor belt. If grade is king, LS epithermal deposits wear a mighty crown.

4) Drilling at Transfind is exciting to look forward to, however, Cannon is remains the most important set of drill results on the horizon. Extending production at Cannon will help develop all other projects. If you didn't watch the educational video on Greenstone belts, please do. One of the main take home points is " Structure, Strucure,Structure". That shear zone represents the sort of structure mentioned in the video. The previous drill results, whilst not exciting the market, are actually very good evidence that the Cannon ore bodies slipped down along the shear. It's actually far more solid rationale than just wishful thinking IMO.