beer & co. research note - val @8.5cps atm ..., page-10

Hi Beale

Silent, fast and deadly I struck like a Taipan at 3.7c-3.8c

Copper prices are on the rise again with China importing oodles of the stuff last month. Copper is needed for Construction and expanding Infrastructure spending such as Railways lines. Very large amounts of it are also needed for manufacturing kilometres of lengthy wiring for High Voltage Electricity grid systems. Copper is still the best conductor out of all the elements and China continues to grow at 7% GDP.

I think SMD could move quickly next week here. Barbara is a unique project, and has low cost strip ratio. High grade Mineralization starts directly from the top and plunges extensively downwards.

This SMD project is advancing rapidly like a "Full Cavalry charge" at Waterloo. It should a get large ASX attention from serious investors shortly. One way or another a big Rerate is due with more extensive broker coverage likely.

Enjoy SMD
A buyers delight. :)