and this is why we love you ...
quote from AFR
"Analysts are increasing their valuations for Australian-listed nickel miner Sally Malay. This follows positive exploration news and record nickel prices close to $US40,000 a tonne. Analysts say Sally Malay's production could almost double to 24,000 tonnes by 2009-10, making it the nation's biggest nickel producer. The company has mines in Western Australia's Kimberley and Kambalda regions. Trading around $A3.40 per share in mid-February 2007, Sally Malay has a price-earnings ratio of just 5.5 based on expected earnings in 2008." end quote
All the company is looking at introducing a dividend on 06 _ 07.
Yes indeed we love you
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