SMY sally malay mining limited

whitehot on fundamentals,technically due for sligh

  1. 362 Posts.
    Smoking to-day ,currently at 92 cents which is an all time high.Over 20 mm dollars in the bank and on target for commissioning in third quarter 2004 with substantial amount of nickel output pre-sold into the Chinese market.

    Market cap about 125 mm and 143.2 mm shares,options just under 10 mm exercisable between 20 and 43 cents over the next 5 years.

    Technically ,due for a retracement to 85-88 before continuing to climb over 100 cents.

    Your comments please.

 
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Currently unlisted public company.

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