SMY sally malay mining limited

hmmm. being sold down heavily, page-19

  1. 1,194 Posts.
    re: acturtle Biased because I hold a few but, NST worth keeping an eye on. Cornerstone holder JBM, prospective (highly?) ground includes some in close proximity to SMY and THX.

    A truck load of 25c options due to expire in December 06 that I'm sure they'd love to see converted but also wouldn't be surprised to see a smallish capital raising before then.

    Tight structure, good management, prospective ground and worth keeping an eye on. Possibility of a JV with SMY or THX wouldn't be totally out of the question, in my opinion. Although JBM have first right of refusal relating to JV's (not a bad backstop!)

    Frustrating stock too, lots of "false starts" as if they're off and running only to pullback again.Still not sure if JBM influence is the reason for this.

    But!...I hold and am biased.
 
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