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SMY 0.0¢

SMY - Excellent announcement - market yet to move!

  1. BingoBango

    2 Posts.

    29/07/02
    15:41:34
    42736
     
    Sally Mallay Mining made an annnouncement at 11.09am this morning that they have signed an off-take agreement with a Chinese company for the life of the mine. According to the announcement, based on the resource and based on current world Nickel prices, this equates to a deal totalling at least $420M.

    The market appears not to have digested this information although I guess that will not last long!

    Have a look into it, do some research and then see what you think.

    Cheers

    Bingo Bango

    P.S. I must declare that as about half an hour ago, I became a shareholder of SMY!
    0
    Great analysis
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    SMY (ASX)
    Price at posting: 0.0¢
    Sentiment: None
    Disclosure: Not Held

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