SMR 2.60% $3.16 stanmore resources limited

Ann: QUEENSLAND COAL ROYALTY REGIME, page-43

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  1. 8,877 Posts.
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    Hi Paul

    Appreciate your analysis. As mentioned previously I believe SMR is fully priced at these current share levels. There is way too much risk for much upside. I got into SMR because it was a no brainer. Now it way too risky. Even the Japanese Government came out yesterday blasting the QLD Gov and the sovereign risk they have unleashed. I’m not touching QLD mining stocks. The worse the recession gets the more they will look to tax.
 
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