re: sellers dry up.. - it's time
This is a very tightly held stock with very good support. Run by a very astute and competent MD, Mr Terry Topping. Appears that managment have felt no need to 'talk' up the shares, have been quite happy to sit back, let others drill nearby and wait for lease approvals to come rollin in. Scimitar have some good proven U reserves plus numerous new high potential leases in NT, SA and WA which I believe will start to be announced as approved very soon...
Do your own research my friends, but to me anything under 30c here is an absolute bargain, and when the approvals start coming in who knows, 40, 50, 100 here we come blue sky...
SIM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held