leadf
logo-loader
viewSouthern Gold Limited

Southern Gold's Simon Mitchell discusses value realisation plans for Gubong and Kochang projects

Southern Gold Ltd's (ASX:SAU) Simon Mitchell speaks to Proactive's Andrew Scott after announcing they're seeking to realise value from its 50% equity interests in the Gubong and Kochang projects in the Republic of Korea. He says they're offering them to joint venture partner Bluebird Merchant Ventures Ltd (LON:BMV). The moves follows a decision by BMV to formally submit a program and budget for FY21 along with a Proposal to Redevelop which would result in Southern Gold having to fund its share of ongoing expenditures.

Quick facts: Southern Gold Limited

Price: 0.13 AUD

ASX:SAU
Market: ASX
Market Cap: $20.8 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Southern Gold Limited named herein, including the promotion by the Company of Southern Gold Limited in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Southern Gold awaiting assays from recent drilling at its Beopseongpo...

Southern Gold Ltd's (ASX:SAU) Simon Mitchell tells Proactive's Andrew Scott they've completed drilling at the Beopseongpo project and have new programs underway at the Deokon and Aphae projects. Mitchell says assays are expected from the Hand of Faith drill hole within the wider Beopseongpo...

on 27/5/20

2 min read