SMY sally malay mining limited

The short term price volatility for SMY is not unexpected given...

  1. kjt500
    28 Posts.
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    13/06/07
    14:51
    Post #: 2533478
    The short term price volatility for SMY is not unexpected given its high cost of production. At A$22/lb a A$3 change in Ni price gives a 25% change in SMY profit. (This is a lot higher than IGO or JBM)
    The volatile share price will probably be around until SMY delivers on it increased production schedule.
    SMY Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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