SMM 0.00% 0.3¢ somerset minerals limited

calculations

  1. 248 Posts.
    1.7mill oz gold * 700 = $1.2bill
    302770 tons copper * 7000 = $2.1bill
    4.4mil oz silver * 12 = 52mill

    therefore total in ground resources = $3.8bill

    Current market cap = $276mill

    Therefore if market cap was to move to 1/10th of resources share price would have to move from 27c to 36c.

    current share price is only 2x FY08 earnings
 
watchlist Created with Sketch. Add SMM (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.092M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $375 124.8K

Buyers (Bids)

No. Vol. Price($)
35 21640593 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 7696998 12
View Market Depth
Last trade - 12.17pm 15/11/2024 (20 minute delay) ?
SMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.