Don't forget to put in IGO/IGOO. This company is a producer and is grossly undervalued based on fundamentals. Half yearly result says $9.5m NPAT. Second half will be better again. Market cap around $100m fully diluted.
Recent clearance of overhang of sale from Perilya stake leaves scope for significant rerating over next month. Only negative i can see is teh profit taking from those taking the recent institutional book build of Perilya's stake. Once that tappers off, watch the price run up!!
All the above is MHO....Good investing to all
regards
DF
SMY
sally malay mining limited
nickel cash unofficial close 15615.00 , page-3
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