SIH 25.0% 0.3¢ sihayo gold limited

I can do more than post the facts beatle. If you choose to...

  1. 1,598 Posts.
    lightbulb Created with Sketch. 42
    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?









 
watchlist Created with Sketch. Add SIH (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(25.0%)
Mkt cap ! $30.51M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $1.977K 660.2K

Buyers (Bids)

No. Vol. Price($)
17 71241020 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 160076532 18
View Market Depth
Last trade - 10.09am 28/06/2024 (20 minute delay) ?
SIH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.