Agreed. SGW is a classic example of how to completely stuff up long-term viability of a gold mine. The SGW mine has one of the longest lifes of any mine in the world.....so what does the stupid mgt do? Hedge most of it at ridiculous levels ( I wonder if any PAS directors were also on SGW??). The tantalum side of the business has also been handled poorly.
It can only get worse......sub-$1.50 not far away.
CHEERS (from an ex-SGW shareholder....sold when they were $7).
SGW
sons of gwalia limited
dumped again. wake up australia!, page-2
Add to My Watchlist
What is My Watchlist?