SMD - "We could see a Syndicated Metals valuation and share price greater than $0.50 within six months and greater than $0.75 within 12 months based on the growing resource and undervaluation. Throw in resolution on Kalman South Project and the undervaluation of Syndicated becomes even greater."
http://www.proactiveinvestors.com.au/genera/genera/files/researches/proactive_investors__syndicated_metals__research_report.pdf
undiluted mc = $17m
cash = $4.5m
JORC resource of 76,000 tonnes of copper, 25,000 ounces of gold and 430,000 ounces of silver
Syndicated also owns a 49% interest in the recent high grade discovery at Kalman South
Syndicated?s top 10 shareholders account for almost 55% of issued capital.
SMD - "We could see a Syndicated Metals valuation and share...
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