SDV 0.85% 58.5¢ scidev ltd

CR8,From the last annual report "The company also commenced...

  1. 6,965 Posts.
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    CR8,
    From the last annual report "The company also commenced investigations into obtaining value from its wholly-owned Zeehan slag dump"
    When?...Is another matter.
    This is not the reason why INL is an attractive preposition with a Cap of $3m...Just a possible source of future cash.
    Another issue I am comfortable with....No risk of imminent dilution for the following reasons.
    # Drastic cost cutting.
    # BRF is cash flow positive.
    # Cash flow/dividend from SciDev.
    The trick is to grow SciDev....The appointment of Dan Cronin bodes well (he bought 1m shares at 0.11 btw)
 
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