SMD 0.00% 1.0¢ syndicated metals limited

beer & co. research note - val @8.5cps atm ..., page-5

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    Beer & Co believes that there is significant upside potential from lower costs,
    due to a lower strip ratio, plus extensions to the mine life from both Barbara and
    satellite mineralisation at Lillymay and Mt Olive.
    We affirm our BUY recommendation.
 
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