I can do more than post the facts beatle. If you choose to missread, missquote, misunderstand or missinterpret then there is nothing I can do about that.
Anyone who has invested in SIH knows that they are earning 75% but for your benefit I'll publish it again.
"Pungkut is owned by PT Sorikmas Mining
(Sorikmas), which is 75% owned by Oropa and
25% by PT Antam Tbk. (Antam). Oropa
manages the project and is responsible for
contributing 100% of the exploration and
development funding by way of loans to Sorikmas
until the commencement of production. Under the
terms of a Loan Agreement, Antam is to repay its
share of those loans to Oropa or other lenders to
Sorikmas from 80% of its share of available cash
flow from production, until its 25% share of the
loans are repaid in full."
As for your little gibe about if they get to production.
Of course its "IF". That's why it's a spec stock and that's why most of us have invested in it at these levels. We are taking the gamble that it will get into production and as more information comes to hand to make it more probable or less probable then we will each make our own further investment or exit strategy from that information. Isn't that what investing in spec stocks is all about?
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