SDV 0.00% 43.0¢ scidev ltd

Rakali,INL as part of the CMR process of the Browns Sulphide...

  1. 279 Posts.
    Rakali,

    INL as part of the CMR process of the Browns Sulphide deposit. That would make the 1c SP very cheap IMO.
    Give INL cashflow and maybe other opportunities.
    I can't see anything else for them in the next 12 months so its going to be very difficult to survive. Ore treatments, maybe in Tassie. If they can't treat any of the ore from BSM through the mill, sell it.
    If you have any updates on the Browns Sulphide Project that would be positive for holders.
    Its hard to come up with positives and the markets view of INL over the last few months has been very negative (they are not alone there).
    Funding for projects? Look no further than the US to realise how hard this is going to be.
    I give up Rakali. Maybe it just wasn't meant to be.
    Good luck to you and all holders.

    Deepdiver
 
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