News: SMC Strategic Minerals Corp Says Got Notification From QGold Pty That It Proposes To Enact..., page-4

First 4 Last

Share
Profile

Follow
Bou Sfer

22 Posts.

8

12/07/20

03:57

Post #: 45803712
Share

Originally posted by Hot News: ↑

Press the arrow to access the original post.

Expand

Hi Goldnerd, very good analysis, would appreciate to exchange views with you re SMC
please contact : [email protected]

Originally posted by Hot News: ↑

Press the arrow to access the original post.

Expand

Originally posted by goldnerd: ↑

For any remaining shareholders of Strategic Minerals interested in getting what I consider to be a ball park "fair and reasonable" valuation for Strategic's assets, I have compiled a report to assist in the process. It is my intention to update this report on a regular basis before and during the takeover process to assist minority shareholders in gauging what might be considered fair and reasonable. As most long suffering shareholders of Strategic are already aware, the share price has been adversely affected due to the circumstances surrounding this protracted takeover process (there is an obvious lack of liquidity and interest).

If you get a chance to read the attached report I am hoping you will get a better feel for what Strategic could have potentially been trading for if it were managed in a more conventional manner. The report also touches on what I considered to be a grossly inadequate valuation methodology used during the last failed takeover attempt of the company (this is just my opinion).

Any feedback or suggestions would be much appreciated as it is my hope this information can ultimately be used to help the remaining active shareholders fight for a fairer outcome in the likely event an opportunistic offer is made for the remaining shares. We will have to wait and see how this unfolds.

Also please note this report simply expresses my opinion as to what Strategic Minerals assets could potentially be worth and should not be misconstrued as investment advice upon which financial decision making is based. To the best of my knowledge the information is accurate but may contain errors.

Strategic Metals Review Version 1 .pdf

Expand

SMC Price at posting: 44.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

News: SMC Strategic Minerals Corp Says Got Notification From QGold Pty That It Proposes To Enact..., page-4

Top Stories

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Featured News