SMM 0.00% 0.3¢ somerset minerals limited

tightest SOI goldie on ASX, page-28

  1. 2,741 Posts.
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    there has obviously been a bit of consolidation and stock around the 25c level.. from my research and review of the top 20, there couldn’t be more than 18 million free float.. of that people here probably own 2-3 million combined which drops the free float to 15 mill share or less than 4.5 mill worth at 30c...

    If TMR actually do report 250k oz jorc then there is ZERO
    chance the market cap will be less than 25 million in my mind... that’s 62c

    one decent announcement to make punters buy and this explodes.. could see a move like DGO in 2017 (similar capital structure at the time that caused some decent buying to make the stock explode).

    My bet is they release a jorc and then announce a drill program in South America before raising in the 50s..

    All speculation and I am a long term investor here and only an addition to the share register on the last few weeks
 
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Mkt cap ! $3.092M
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0.3¢ 0.3¢ 0.3¢ $1.2K 400K

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17 15175000 0.2¢
 

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0.3¢ 762929 4
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