During the six months ended 31 December 2006 operations at Sallies failed to achieve budgeted production and as a consequence the company requires re-financing to fund a working capital shortfall This from the SENS. How servere does this affect us. I hope this is not going to be another dog.
I also think this is just a short term weakness. I have been and still am buying in at current levels. Yes, it will probably be a couple of months before we see it up at the 140 levels again, but i do believe this is still a good company and a good share to hold, albeit now more for the medium term than short term.
SAL IMO is good for medium - long term. One to four share offer to share holders due to take place in about 6 weks from now and after that IMO u will see an upward swing for SAL. Good buy in time now and with SXR takeover on the cards in the near future and given SXR's movements and future SAL looks very promising in the future.