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Davisite

19,333 Posts.

6432

10/10/18

20:19

Post #: 36074291
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Originally posted by 1982 ↑

@nbbirch check out SAU also. Currently in a halt due to an imminent raise.
Has produced at its Cannon project near kalgoorlie, which NST currently has a right to mine the underground resource. Decision on this due by end of CY2018.
The company should be producing from their ***ong mine in the good Korea by end of CY2019.
Currently capped at about $9m, with 50 SOI.

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Thanks for this suggestion. I have looked into SAU in the past and the problem I ran into is valuing the Korean mine - there just isn't anything similar on the ASX to compare. I should have another look.
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