I know you mean Allan...of course I was really trying to demonstrate the ridiculous discount that SAE suffers from. I have my own view about the reserves etc, but there is probably the perception you have identified.
It just seems that old fashioned cash flow is not in vogue...which is amazing having regard to the fact that we are in a bear market when I would have thought cash flow would mean more. I already have a significant holding but I still have a bid in for another 50k at 30c if it gets there. In a way I hope it does....it would just prove what a crazy market we are in.
regards DF
SAE Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
