SMY sally malay mining limited

smy to make 500m profit 2008, page-6

  1. david25
    5,261 Posts.
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    14/05/07
    12:06
    Post #: 2445991
    ok just say we base the share price on 20% of what they have in the ground. I was told thats how you value companies on true value without any speculative element.
    That would mean they have $8bn usd worth of nickel, at a conservative price in this climate of nickel at $40,000 usd a ton. ok now that would make the share price of $8 usd per share. or $9.50au
    SMY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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