SMM 0.00% 0.3¢ somerset minerals limited

hoping for a higher bid, page-3

  1. 787 Posts.
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    $5.10 seems a bit old and unrealistic given current pricing with Paladin at $9.20. If you wanted 5.10 you should have sold already.

    Of course you can hang in and see if anyone else bids or if PDN feel obliged to increase the offer to get what they want.

    So far as commercial and mine development are concerned then I would give the preference to Paladin, just as they claim. That only leaves the issue of what the SMM tenements are worth?

    Next question, is there anyone else looking to increase their U2O3 exposure in Australia?
 
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