trading pattern?, page-8

yanlin..agree.

looking at the short term.

the reserve upgrade should boost the price if we can meet the target of close to 1 mil oz discovery. we should find out in a week or two.

then we will have the expansion proposals due in a month. that can boost the price as well.

During then any good red October development news can boost the price as well.

from the last ann. management are tipping the expansion plans are likely to go ahead...read "contemplated"

"The amounts of ore will constitute a very small proportion of Saracen’s present 200,000 to 225,000 tonnes of
feed, and an even smaller amount in the context of Saracen’s presently contemplated plant expansion."