SMM 33.3% 0.2¢ somerset minerals limited

an article in sydney morning herald, page-52

  1. 1,516 Posts.
    This is directed to holders here (not you jenny). Is it just me or does anyone else think the $142m tax loss for last year was a good strategic move for tax free 08/09 copper production. My point being they are well positioned this financial year to make some solid profit as grade improves, production cost comes down and it's tax free. Can't see the creditors pulling the plug this early.

 
watchlist Created with Sketch. Add SMM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.