ok the market for commodity stocks is absolutely god awful at the moment but those smm results look pretty good to me and it looks like the strike length could be around 2.5 to 3km long and about 600-700metres wide...
nice.
so if the NMM JORC resource to be announced this month is around 50-60 mt then i would expect SMM to produce 25-35mt JORC by end of Nov and then another 20-25mt from CMM
so perhaps my earlier estimate of 80mt jorc by end of the year is a tad conservative??
maybe closer ot 100mt jorc.
even in this market that would deserve some for of upward re rating imo....
smm more solid results...
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