SMY sally malay mining limited

Hi wrongway, take a look at their annual report. They are...

  1. 13,013 Posts.
    lightbulb Created with Sketch. 99
    Hi wrongway, take a look at their annual report. They are reasonably cashed up and there are deals for selling their coal in the background I hear. Not many shares so it's a bit hard to get a decent stake but while things are quiet, there's time to pick up a few. They also have good gold property in the Gawler craton and a real wild card in their legal suit against Pasminco.

    I agree with jebigabre that the rise in the $A is not helpful for coal but there is always a market for the high grade, low sulphur, steaming stuff.....
 
watchlist Created with Sketch. Add SMY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.