Well, I have a big swag of these (for me and my total investments). Have been a big believer of Lewis Utting but....
No big contracts have arisen...what happened to Canadian Oil sands business???? They have benn telling us about that for nearly 2 years.
Re Olympic dam contract...well if Covid restrictions stopped that then how the hell do they expect to get Fortescue??? W.A.is wrapped up tighter than a woman's chastity belt!
Also, I do not accept the manipulation argument...somebody has to be selling at a loss...or has held for a long time and given up.
The fellow who rang me indicated that the full $18M was NOT taken up by the funds they approached...
I will likely do nothing.
Pray like heck that they can start building the business.
The last Quarter was a disgrace,,,went backwards from last quarters.
At the end of 2020/2021 they were selling $13M /quarter = $52M P.A.
From the September quarter..the sales were $10M= $40M t/o
Now, I know that is a bit crude BUT I do not get it that SDV should be a seasonal business
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