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.
Southern Gold's Simon Mitchell discusses value realisation plans for Gubong and Kochang projects
Quick facts: Southern Gold Limited
Price: 0.13 AUD
Market Cap: $20.3 m
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