SDV 7.69% 42.0¢ scidev ltd

for turbo

  1. 56 Posts.
    I understand your point about in the money options....(altho they are not very far "in" and a few months ago they would have been very "out")...my point is that the directors have got the company where it is by shear perseverence and a brilliant acquisition of Hellyer and altho it is a pity the market hasn't yet rated the company fully for this it is not a reason to set unrealsitic price targets for any options in the short term.

    And don't forget that for a company trying to preserve its cash resources it is a more cash flow effective way of remunerating the key people who might otherwise - in this full employment mining boom - be tempted elsewhere.

    I have thought for along time that the market has limited patience for long term success stories and that the stock won't be fully rated until the boat sets sail from Japan laden with bucket loads of cash in payment for zinc concentrate or any number of other metal products which will eventually come out of Hellyer.

    Anyway Turbo old mate, I have my pen poised to pick up the slack...
 
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