The 'Simberi Gold' litigation knocked the SP down to about 1.50...

  1. DSD
    15,977 Posts.
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    The 'Simberi Gold' litigation knocked the SP down to about 1.50 3 weeks ago. The company owes SDM 1.2m and i am confident SDM will get most of the cash owing. Meanwhile, last few days has seen SDM vols rise with over 500k traded yesterday. Coal sector is hot and beauty of SDM is that the share offeers exposure to at least halfadozen major coal miners. When RIV gets the final g0-ahead SDM will be major beneficary. Income stream from operations continues to grow and new projects not far off. Am hoping we'll have $2.00 by lateish Feb after interim is ann.
 
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