Manjapra, In the short term if they can sort out their financing and come up with a good business strategy they might conservatively be worth 70c+ share by the time the Dec 09 results are released in Feb 2010. (Assuming they can start achieving the 2008 earnings per share again of 7c and the market should be valuing it at a Price/Earnings ratio of at least 10x).
If they can capitalise on some of the growth in their established China operations, continue to benefit from the Aussie mining growth and get their new operations in India going, then the $2 per share that they traded for at the beginning of 2008 would be looking cheap later in 2010 and a $10,000 investment today might be looking more like $150,000+.
Alternatively they could screw it up or the CEO could take it all back at current value and we will make nothing. Either way a very interesting stock to watch as their strategy unfolds in the next few weeks!
----- I am not an advisor. This message is general conversation and debate not advise.
SAV Price at posting:
13.5¢ Sentiment: None Disclosure: Not Held
