SDV 7.00% 53.5¢ scidev ltd

Ann: Tartana Resources Update, page-9

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  1. 420 Posts.
    lightbulb Created with Sketch. 31
    A few observations guys
    I'm not happy with the Tartana/Zeehan deals. 430,000 T of zinc grading 14% gives 60,000 T of the stuff at $3,500 a T = $200M plus. Now I know there a huge costs and risks in realising this value but to give this away in exchange for $500,000 plus some shares of unknown value in Tartana is questionable
    I agree with Stormer and others that Optiflox deals are the future for SDV and with Utting and his money on the line there's a fair chance of some early wins here
    As for the Chinese ? Don't know about that but there's a lot of coal mines in China
    And finally in reference to DXB - I'm slowly quitting my shareholdings except for 3 (inc SDV) cos I need the cash to fund my remaining retirement years so can't make any comment
 
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