SMM 20.0% 0.4¢ somerset minerals limited

let the sellers speak, page-9

  1. 4,242 Posts.
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    Spoke to TMR's financial controller today, financials to be revealed at end of August in annual report.

    As mentioned in Quarterly, TMR cut purse strings with IBR -on their own now, this will shore up and stabilise cash issues, and hopefully Share price. Further they had 3 bad quarters, with low grade copper being mined now progressing onto the higher grade, expect improvements next two quarters????.

    Asked the bottom lne question?? is it good night for TMR he said no, TMR will be o.k fine, though going to take some time i.e few more quarters to improve operations.
 
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