CAPITAL MARKETS

Southern Gold rockets on Cannon forecast

SOUTHERN Gold says a recent jump in the gold price has resulted in a 50% increase in projected cash flow for its Cannon project, which is on track to start this year.

Andrew Duffy
Southern Gold rockets on Cannon forecast

The Western Australian project is expected to produce more than $18.5 million in free cash flow under current prices, a significant boost on the base case scenario posted in a prefeasibility study last...

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