SMD 0.00% 1.0¢ syndicated metals limited

Ann: New Copper Hits At Lillymay Prospect , page-9

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  1. 1,957 Posts.
    Not sure if barcharts buy is based on only technicals. Fundamentals could have this at double the price and be excellent value compared to others IMO. Excellent having a high quality JV partner which brings the reality of powerful cash generation to the table in the very short term. Far better than having to cop major dilution and time erosion by having to build new plants. Most explorers never make it to production. Infrastructure in place here in a well known copper precinct. Note the continuity of quality discoveries indicates much more to be found. Seeing other SP reactions like ENT with only encouraging indicators in their drill results and RNI with rock chip samples makes SMD look like a gift to me. Here we have real high grade copper with huge widths close to the surface with a clear path to production with tight registry and low MC. Will not be surprised at all to see north of .10 cents in the very short term. DYOR.
 
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