SDV 3.39% 61.0¢ scidev ltd

Ann: Quarterly Report and Appendix 4C, page-12

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  1. 1,503 Posts.
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    For SDV the single most important factor is to claw market share from the significantly larger competitors, that's it.

    The aim should be to do this profitably - they are on the cusp of this.

    Great quarterly, Goro mine in New Cal is the 4th largest nickel mine and BHP Olympic Dam is 4th largest copper deposit - these are mining majors and these are tier one assets. The HFT oil stuff I know less about, but would assume SDV are working with tier 1's here also... This speaks volumes, SDV are nimble and adding value to the absolute behemoths of mining companies, this is not easily done. The next 3yr period will have significant growth as SDV get proof of concept/value from these majors...

    I would have liked some additional commentary around the margins and also around the stock currently sitting on shelves, as this would give far greater incite into the gross profit margin...

    Dog of a stock - my average is 6.2c, @Ninja44 could you enlighten me on what that is in per annum returns?

    Sentiment hold right now, see big value sub 60c prices.
 
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