SDV 3.66% 42.5¢ scidev ltd

can someone please explain.

  1. 184 Posts.
    Can anybody decipher the latest report for me.
    Do I read this correctly? see below from the report.

    "The Hellyer tailings dam has been expertly maintained and contains significant amounts of gold,
    zinc, lead, silver and copper (in descending order of value) above ground which, at current metals
    prices, have an aggregate in-situ value of approximately US$1.2 billion (equivalent to
    approximately A$1.6 billion at the present US$/A$ exchange rate).
    The high metal values in the tailings dam are due to the refractory nature"


    Is this as good as it sounds?

    Cheers BBQ
 
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