Why? SMY has forecat a profit of 20mil which has had a shadow...

Why? SMY has forecat a profit of 20mil which has had a shadow over it due to the mine slippage at the open pit reported recently.
The closer we get to reporting time without any announcement of a profit downgrade due to the slippage, the more the market bets they are going to make their forecast numbers.
20mil net profit market cap 137 mill gives a PE of around 6.85:1 at todays close.
Do your own homework because there is risk but,
too cheap me thinks, got all mine at 80c the other day.


7w

Read the red stuff, I am a coconut vendor.