the icing on the cake, page-4

walter $10 not out of the question but probably some time off. Its possible i think lafranchi tenements are proving to be a surprise. mkt did not bank on so much nickel coming out of lafranchi, but considering the 100,000t+ historical production SMY knew this was a hot area.

Its market value(cap) is about 1000m fully diluted. this is still cheap considering the takeover valuations being placed. Rio Narcea $1bn+ taken over by lundin. Its production was 8500tpa nickel, but at a lower cost than SMY. However i think SMY can go from being a $1bn to a $2bn company.