Happy New Year all !
Good point DrHLime.
RT, you nailed the essence of the announcement - as usual.
Here is the point I want to add:
In the AGM Presentation
http://www.hotcopper.com.au/asx_announcements.asp?id=242871
On page 22 and 23 SIH is being compared with
G-Resources (1051 HK), Archipelago (AR LN), Kingsrose (KRM AU)
Ampella (AMX AU), Adamus (ADU AU) and Gryphon (GRY AU)
From the 15. November 2010 to 31. December 2010 all Market Capitalisations rose (in million)
G-Resources 900 - 1100 / 200 ~ 22 %
Archipelago 320 - 510 / 190 ~ 60 %
Kingsrose 255 - 355 / 100 ~ 40 %
Ampella 500 - 670 / 170 ~ 34 %
Adamus 290 - 360 / 70 ~ 24 %
Gryphon 457 - 527 / 70 ~ 15 %
Average rise ~ 30 %
Sihayo 142 - 147 / 5 < 4 % (?!)
Last drill results are from the 15. October 2010.
Six rigs working and no news?
Drill results are way overdue !
I also want to hear more about the two (!) new loads !
discl.:SIHO are running out of time and it is killing me !!!
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