announcements, page-3

As a shareholder I'm always happy to see possibilities of new orebodies. Especially if they're within a stone's throw of current workings.
The NOZ in the Kimberley is pretty much going to be a mineable lump. We just need to map it out and see how much is really there. The grades appear to be about the standard for the Sally Malay mine.

Don't know so much about Kambalda operations, but given the success of their exploration down there in uncovering some "A" class orebodies, I'm more than happy to take their word for it when they say the latest drill samples confirm they are looking in the right place.

At this point in time, given the current state of world markets, I think it's important to look at the big picture. Aiming for 20 000 tonnes per annum for the next ten or so years means that SMY is going to be one of the major suppliers of nickel sulphide in Oz. (I've no doubt that sooner rather than later, they'll be mining something else also). Over the coming years, the nickel price will rise and fall along with SMY's share price.
Right now the sp is down and could fall further if it appears things are not going our way. But if I look long term, I see higher prices than we've seen so far for SMY.
Possible, (likely?) takeover target. Divvy's each year and further expansion and diversification will be the keys to future value.
It may be necessary in the short term that we bite the bullet and make some tough decisions.