rub92me
Don't look back
- Joined
- 24 April 2006
- Posts
- 1,071
- Reactions
- 6
Well, that's still 40% unhedged. Risk averse, sure, but also reassuring for investors with a longer term view.rederob said:
Well, that's still 40% unhedged. Risk averse, sure, but also reassuring for investors with a longer term view.rederob said:SMY is 60% hedged at an average US$5.18/lb to May 2008.
Their managers are not too bright given the spot price is currently 200% higher.
rub92me said:Well, that's still 40% unhedged. Risk averse, sure, but also reassuring for investors with a longer term view.
porkpie324 said:have been buying smy last week on tue,wed, thur. have been lagging other nickel producers of late, good rise last last fri on heavy vol, also looking good today, any other takers. porkpie
stiger said:sally malay has nice ring to it.
Wrong gender, wrong ethnic origin and wrong occupation.Freeballinginawetsuit said:Sounds like an Asian prostitute, should go up & not down though!
Sally Malay was an Aboriginal/Afghan stockman born under a bough shed at Sally Malay bore, about 12 kilometres from the proposed mine site, on the 24 December 1924. His mother Juno was on holiday from Bedford Downs Station and she had been walking in the area of Greenvale Station, now part of Violet Valley.
Sally was named after his father Sallay Mahomet, an Afghan cameleer and hawker who travelled between Wyndham and various East Kimberley and Northern Territory stations. He traded with the Lee Tongs, an old Chinese family in Wyndham whose store still stands on the main road to the Wyndham port. Sallay used the area near Fletcher Creek as a depot when he was passing through. He was a friend of Joe Bridge’s who owned Mabel Downs Station at the time, the station on which the Sally Malay orebody is located.
born under a stockshed and was in flight 93 looking for investors in the twin towersporkpie324 said:rererob, thanks mate for the history lesson, as long as Sallay Mahomet not related to Bin Ladin i,ll hold these for a bit longer, (picked up a few more this morning). porkpie
porkpie324 said:seems to be weakness in SMY, inspite of a good exploration an recently, looking at the quotes the support has dropped off too. porkpie
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