I'll duly oblige. "Net borrowings are zero"...Wrong, they have...

I'll duly oblige.

"Net borrowings are zero"...Wrong, they have borrowing of $2.2 mln. Plus many stocks have no debt.
"Current ratio is at a record 3.7%......Agreed and a good norm is 1%. Tick.
"Assets exceed all liabilities by 2.5 x.....Agreed it's a plus but it's historical and you base so much of your analysis on looking in the past(big mistake) when Mr Mkt looks to the future.
"Operating cash flow exceeds the Capital requirements by more than double'....Agree again but see my reply to previous statement.

Then you turn to my favourite subject, the $oz.

"The OZ$ trades in an average range of $ 70-80"....... This is your biggest Faux Pas.
Since inception the $OZ has ranged from 48 cents low to high of $1.10 +. Between 2009 and 2015 it was consistently way above 80 cents. Ouch!
It's just as horrific as with BP- high of 3.0 low of 1.44. And the Euro 2.10 to 1.16, now at a dangerous 1.37.

"Where do I see $OZ in 3 , 5 or 10 years time?". ...Wrong time frame.
If the $OZ stays here or rallies strongly(see above highs) over the next 6-18 months then SDI remaining un hedged will no longer be listed. Simple.

Now an update on further research into SDI.

Sales are flat over last year.No growth, one of the key metrics all analyists say is paramount.
Profit drops from $3mln to $2mln, a 33% drop is alarming by any standards unless one is married to the stock , when everything is forgiven.
Cash and cash equivalents are $3.6 mln just 6 months ago they stood at $6ml...more alarm bells.
Their "Golden Egg' Amalgam has been smashed and CEO Sam (incidentally on a measly $550,000) admits it's a concern and they need to find new products. How long will that take and at what great expense? Many a Co's downfall trying to reinvent itself.

On a more Macro level the Retail industry is indisputably screwed and more pain is sure to follow.

I won't bore you with TA as you freely admit you don't understand it but I can assure you it's overwhelmingly pointing one way.Unfortunately for you, in my experience(I forget how many years) about 20% swear by it.

I'm such a key board wizard that I started typing this 35 minutes ago and to be perfectly frank I really don't like spending so much time on a stock I don't own (TV2 aside)

So this will be final comprehensive post.
However, I do ask you and your many followers to be more civil in the future.