I have a few SMO, and have also been disappointed in their performance over the last year or so. The story hasn't changed, but they have had a few false starts with regard to production.
They seem to be over that (hopefully) with the commissioning of the mill, I expect the market will only take notice when promises turn to reality and production starts. This should be only a matter of weeks and with the gold and copper prices where they are I think the stock could run very hard in the next few months.
There are analysts who forecast $20m profit pa once up and running, and with a market cap less around $40m I'll let you work out the upside.
Resource drilling should also be positive in the short term
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