SDV 1.56% 47.3¢ scidev ltd

seems a bit cheap

  1. 141 Posts.
    All that has happened in the past couple of weeks is that INL have made a mill or two from their holding in JRV. Nothing negative has occurred to what INL had going a couple of weeks ago. Why should a 'no go at this stage with JRV' be seen as a negative for INL. I mean, its not like INL spiked up massively on a possible JRV venture.

    It looks to me that we now have a pe ratio of about 3 on current earnings. If we factor in some upgrades from processing BSM ore over the remainder of the year, it could even be a p/e of 2. Does anyone besides me think its a bit cheap at these levels?
 
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