SLV 0.00% 74.5¢ sylvania resources limited

re: asx ann summary for the AIM listing within the 122 pages,...

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    re: asx ann summary for the AIM listing within the 122 pages, the independant summary had RISKED valuation of the company @ average US$143, 145M shares, leave you to do the maths to work out $AU valuation/share. :)

    note valuation was VERY conservative.

    only disappointment i had is they stated we are not making any profits on the chrome washing component at samancor from what i can read, thought we might have seen a small profit

    probably have to reread again ,to many late nights watching "le tour"

    note that north everest has a potential time frame of mid 2008 startup so not that far a lead time and will still be in resources boom in that timeframe.

    12-18months will give very nice return for the patient.
 
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Currently unlisted public company.

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