3.20--where are the knockers now, page-3

Yes Mack67 great recovery by SGW. I dont mind calling myself a knocker of recent times.

I saw their recent presentation at Diggers and Dealers. In my view however I cant say I was impressed with their prospects.

But then again I am not sure of the NPV of their projects. Maybe current price still represents value. And sometimes NPV doesnt take into account risk.

I think their biggest value is in the tantalum. Their gold prospects - Gwalia Deeps, Carosoe, Tarmoola came across as "patchy" with respect to growth and robustness.

In all however, they seem to have pulled out of the trough ok. The brave (or smart) have done well on this one.

For me their picture is too grey for me to consider. Was a year ago and still is now. Whether their price be $1.60 or $3.20.

acturtle