If your relying on SAU for your retirement I hope you're aged between 16-20 because it could be a long wait lol.
I like the situation we are in now. With SK doing well with covid and a vaccine likely incoming regardless then we should be all systems go for their mines to go into production. Thus we will have a significant investment in producing mines plus blue sky from ongoing exploration work.
I expect BMV might get things up and running then a bigger company will swoop in and buy them out then fund the expansion. Especially so if we are in the correction phase of a gold bull market.
Overall it's a fantastic result for SAU, but the reaction has certainly been muted with very little interest. Regardless of today's result sentiment is still extremely low.
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5 | 1355000 | 0.008 |
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2 | 333335 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 290909 | 2 |
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