SMM 0.00% 0.3¢ somerset minerals limited

50% of valhalla - 35mil pounds. say add 10mil pounds in upgrades...

  1. 6,183 Posts.
    50% of valhalla - 35mil pounds. say add 10mil pounds in upgrades -so 45mil pounds

    Skal 5mil pounds 50%

    Rest 100%(so far) - watta 3.7mil, Andersons 4.7mil, Bikini?, Tjilpa?, Mirrioola?, etc

    Judging by Andersons and Watta, the upcoming ones will be in the order of 3-10mil pounds.

    Total attributable to SMM

    45+5+3.7+4+5+3+4 = 70mil pounds. Add another 10 for exploration, = 80mil pounds


    SMM MARKET CAP 950/80 = $11.87 a pound

    hmm not too bad. still ok $11.87 a pound.
 
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