SDV 2.17% 47.0¢ scidev ltd

i became very excited yesterday, page-29

  1. 527 Posts.
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    re: patient long term stock Regarding the comment about a 20% increase in zn supply, I was referring to this article...

    http://www.forbes.com/markets/feeds/afx/2006/11/06/afx3148511.html

    " Briggs expects extra zinc production will push zinc prices lower next year.

    'We still believe that world zinc mine production could surge by 20 pct between 2006 and 2008 through a combination of new operations, restarts, expansions and better performance at certain mines,' he said. "

    Good point by damonwo - the joint venture is only for four years, by which time the main project should be up and running.

    Just to make my position clear - INL is my biggest holding, so I wasn't trying to pour cold water on the stock. I'm expecting multiples of the current share price before too long.
 
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