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  1. bolkin
    223 Posts.
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    20/03/08
    09:54
    Post #: 3492480
    Ex-mouth may take some time but what is more immmediate is their Mt. Isa jv with Kings Minerals.
    Even after their dilution to 30% in the jv, the first resource estimate that came out recently from the drilling program by Kings would give SMD an insitu value of just over a $1B of minerals.
    Not bad for a newly listed junior.
    With the on-going infill drilling by Kings, that figure should increase very quickly.
    SMD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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