Hi wrongway, take a look at their annual report. They are reasonably cashed up and there are deals for selling their coal in the background I hear. Not many shares so it's a bit hard to get a decent stake but while things are quiet, there's time to pick up a few. They also have good gold property in the Gawler craton and a real wild card in their legal suit against Pasminco.
I agree with jebigabre that the rise in the $A is not helpful for coal but there is always a market for the high grade, low sulphur, steaming stuff.....
SMY
sally malay mining limited
nickle smashed through $11000., page-9
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