Ann: SDM $12.3m HY13 result in line with market e, page-4

re: Ann: SDM $12.3m HY13 result in line with ... Even at 90c there is some risk in SDM. its main speciality, coal, is seeing many new ventures put on ice and its proposed JV into Africa come at a time of severe sovereign risk and massive corruption and lower margins. Not for me but good luck to holders. One substantial contract win will quickly add to SP.