SDV 1.20% 41.0¢ scidev ltd

re: good buying at close, page-39

  1. 737 Posts.
    re: seperate project at inl No technology risk re: the JV. Existing equipment to be used plus $4mill spend by JV partner. The cashflow from this JV will give them much needed bargaining power when it comes to talks re: financing the Hellyer project later this year.

    Ex director buying and now holding over 5% of the company is perhaps the best indication possible as to the faith in the technology and achieving steady state production which will give a green light to the BFS.
 
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