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
sally malay mining limited
The short term price volatility for SMY is not unexpected given...
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