GREY:SWYDF - Post by User
Comment by
Select_Investoron Nov 19, 2013 12:51pm
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Post# 21919652
RE:RE:A NEW GENERATION ... OF BUYERS
RE:RE:A NEW GENERATION ... OF BUYERSLC I respectfully disagree with you and wish you the best.
All I am saying, this stock prise is very cheap and will rebound sooner than later. There is a lot a reasons and facts that can support this ... just do your own due diligence.
SWY will have 95¢ of cash money in their bank account in December. Dilution is done at 95¢. I believe that we are better off with this 10 millions dollars cash money to advance this project than doing nothing to increase ressources. Good for investors that will receive a tax rebate for exploration investment. Anyway SWY , would not be able to use these exploration expenses for years. Good news for SWY and good news for investors.
From an investor point of view, the shaft delay is a great decision. It lower construction cost by 50 millions therefore less cash will be required to start this project and that means less dilution ... so this is a great news. Many years down the road while share price will be 3-7$/sh and they will have a bank account full enough to pay it cash then they will keep producing on an other kimberlite while they will add the shaft. I see only opportunities.
All changes expected are on optimization. We will get more good news like this one: Annual operating cost reductions of between $8 million and $10 million over the initial 11 year mine life, representing a life of mine operating cost saving of $89 million
Stay focus ... stay positive ... and get cash reward ... sooner that later ...
LC, you deserve a big reward ...
Best to all