SRI 5.88% 1.8¢ sipa resources limited

looking good!, page-4

  1. 10,953 Posts.
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    re: quarterly report Excellent indeed Xerxes. Good prospects, good reserves, and record production. $291 cost leaves a good margin for an Australian producer.

    I believe it to be undervalued and with the 3c due late September (to be confirmed by the board) we could see another run up to 28-29c. If gold takes off then the figures will need to be revised.
 
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