SAR
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0.00% $4.69 saracen mineral holdings limited

nice charts Johnyb26, Au price rebounding and SAR has nice...

  1. mulac1
    1,581 Posts.
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    01/06/16
    22:45
    Post #: 17928625
    nice charts Johnyb26,

    Au price rebounding and SAR has nice margins as the delivery moves to 300,000 ozs.

    I have checked out several AU producers/near term producers. My conclusion is that SAR is very well placed to deliver at good $AUD margins.

    IMO, upside is likely and as they ramp up the ounces, the profit will deliver earnings of around .15c to .18c per share.

    And then we would hope, based on recent announcements, that the exploration delivers even more scope for greater grades and mine expansions.

    cheers
    M1
    SAR Price at posting: $1.17 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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