Good news from Cannon , hoped-for buy in on WGX side to make the project simple to manage but wasn't to be. WGX has reported a increase of 20 k over 18 months . That would be 5 million about for SAU . Very handy , then we have two more in WA ,Doughnut Jimmy should be reporting a resource very soon. SM seems to be suggesting some bigger news from SK shortly.
As for SAU share structure, woud it make any difference. I look at $$ invested not how many shares I own.
What we need to have is a much larger m.cap like about 10x $2.70.
Now that we have cash flow this is very likely ,we have the assets .Put in place a buy back say at 0.25, investors can then buy say $50 000 worth and risk 25 000 half the assumed risk. Cost to SAU most probably $0.00.
Lot easier to borrow money for bigger gains in SK from banks with higher value. Bank happy we paying interested so they promote us on there trading platform to safe gard there investment. If this happens we will be trading probably over the $ very quickly.
Good luck to all.
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $8.502M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $21K | 1.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 317943 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.012 |
2 | 2791393 | 0.011 |
5 | 5390000 | 0.010 |
3 | 666000 | 0.009 |
4 | 930450 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 317943 | 2 |
0.014 | 350000 | 1 |
0.015 | 216250 | 1 |
0.016 | 200000 | 1 |
0.018 | 1000000 | 1 |
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