SDV 1.61% 63.0¢ scidev ltd

abeaty,the short - they are about to go cash positive with the...

  1. 336 Posts.
    abeaty,

    the short - they are about to go cash positive with the commisioning of there Hellyer Mill. EBITDA of around $50mill/year split 50:50 with polymetals pty ltd, i work out a net value of 14.5c @ p/e of 10 on this alone..

    then there is the burnie demonstration plant that is looking to produce a premium zinc product.. ETA - 2007.

    then there is the HMP which is the motherload, BFS should be out _very_ soon.

    also there is the 22% holding in BSM which looks very promising on its own..

    2million of proven resources in its tailings dam..

    670mill shares on offer(ish) market cap of $72mill.

    Fundamentally a great stock.
 
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