fair price

Hi Friends,

Many people are getting excited with jump of 0.5 cent and 1 cent in our SP but the fact is Swala share price is hugely undervalued. Why ?

SOGTL listing is expected at 500 TZS by March 2014 and if we equate it to AUD it is 35 cents per share. Point to note is, SOGTL will be holding 17.5% of Tanzanian licenses and Swala will hold 32.5% interest. If we take Tanzanian assets alone, Swala should be trading more than current SP. Remember, SOGTL will not hold any interest in 12B, Kenya or Zambian licenses (if awarded) where Swala retains its full W.I. Swala is trading very far from its fair price and will not be trading at this level for long. Market is a crazy place where tag of 'Adidas' suits better than anywhere else. IMO, potential of Swala is breath-taking if we fulfill all our milestones and Management needs to hold strong if we are to reach our destination.

Hold tight, get set and fasten up, we have blue sky to travel.!