SMY--Sally Malay Mining ltd: http://www.sallymalay.com/
BigChart: http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=au%3Asmy&time=&freq=
Shares: 143.9 mill. 10.65 mill options-not listed. Current share price 77 cents.
Aug. 14, 2001: Disclosure Document (5 parts)--15 mill shares issued for 25 cents each. Listing 10 Sept. 2001:
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=200330&P=A
July 14, 2003: Open Briefing. Sally Malay. MD on Sally Malay Project
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=240342
April 15, 2004: Third Quarter Activities Report:
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=259413
EXPLORATION
1. SALLY MALAY NICKEL / COPPER/ COBALT PROJECT.
Jan. 10, 2002: Sally Malay nickel/copper/cobalt project. 64,240 tonnes of contained nickel in the Resource Estimate at 0.0% Ni equivalent cutoff;
Project now has minimum seven year mine life at approximately 8,000 tonnes per annum Ni.
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=208993
June 19, 2002: EM Targets Defined & Project Update
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=218113
July 29, 2002: Secures Concentrate Offtake. Hedging of the mine production.
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=220258
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=240741
Aug 20, 2002: Bankable Feasibility study delivered (3 parts):
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=221593
March 12, 2003: Secures $52 Million Project Financing Facility
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=234266
Febr. 10, 2004: Project Hedging Summary & Update:
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=255199
May 21, 2004 Project & Exploration Update:
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=261994
2. LANFRANCHI--NICKEL.
"June 18, 2004: JV Lanfranchi Acquisition. The Lanfranchi Joint Venture (expected to be Sally Malay 75% and Donegal 25%). Exploration upside:
Sally Malay and Donegal Resources acquire the Lanfranchi Mine and associated Tramways Tenements
Due diligence identified an inferred resource of 1.16m tonnes at a grade of 2.61% Nickel for 30,346 tonnes Ni
Considerable exploration upside over approximately 50 km2 of highly prospective ground on 37 mineral leases
Established mining infrastructure will allow production to commence in the near term (January 2005)
Ore to be purchased by WMC Resources under a long term agreement on attractive terms
Key Joint Venture partner Donegal Resources, with Kambalda operating experience, to be project manager
Total consideration of $26 million will be funded from existing cash reserves, debt and project cashflows.
Sally Malay on track to become the third largest sulphide nickel producer in Australia by 2006".
Combined contained nickel metal production from Sally Malay and Tramways is forecast to exceed 15,600 tonnes (on an equity basis) in 2006, potentially making Sally Malay the 3rd largest Australian Nickel sulphide producer behind WMR and Lion Ore.
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=263472
3. JV COPERNICUS & SALK NORTH.--NICKEL
March 4, 2003: JV Terms agreed on THX`s Copernicus & Salk North Nickel Pros
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=233648
Oct. 29, 2003: New EM Target Identified at Copernicus
http://stocknessmonster.com/news-item?S=SMY&E=ASX&N=248248
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell
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