sandys hot plate and grill stocks , page-3

Same. After such interest last week, surprising to see the stock down 10%. Obviously a keen seller with supposedly better places for his money. I have spoken with management late last week and all is going well. India on time and on budget. My expectation is that interest will build into the end of the first quarter on the announcement of maiden revenues.

They will begin by treating stockpiled ore before treatment of ROM ore by the end of the first half. Plant 'steady state' by the end of June should see 200,000tpm of saleable product available meaning $2.4m of cash flow thereafter.

No need to further recourse to market to raise funds. Cash for expansion, further acquisitions, plant upgrades, coal drilling etc, etc. Exciting times indeed!!

Take the pull back as an opportunity.