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SYNDICATED METALS LIMITED (ASX:SMD) - Ann: Mt Remarkable VTEM Results , 7230705, page-9 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
SMD 0.00% 1.0¢ syndicated metals limited

Hi to Jak & PP - I shoved this in the bottom drawer a fair while...

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  1. 885 Posts.
    Hi to Jak & PP - I shoved this in the bottom drawer a fair while ago and occasionally have a check to see how they are doing - I reckon their long term prospects are very good based on the fact that copper could soar in the not too distant future - apparently stocks are being run down and there aren't too many new mines coming along to alleviate the shortage, both existing & future -even if China has a slowdown the smarties reckon India will take up the slack.
    Apparently world production is from mines averaging just 0.07%
    copper.

    From their announcement the directors are of the view this would support a stand alone mining operation.

    Anyway, just my two bobs worth so you don't get too p..... off talking to yourselves.
 
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