Why would you think that Superglide? They had Laos, Mexico and Chile each of them with massive potential, dont know who is driving SMI these days but looks like they are missing direction. Post consolidation will have 114 mill shares on issue and i'm suspecting SP will be hovering around the cap raise price of .20 If we're lucky, if I'm correct at those numbers our market cap will be just under 23 mill. IMO any leverage and upside has been taken away from holders, NZ project will have to be a screamer to keep my interest. Not so sure market will like this. Any junior out there announces a sniff of gold or silver and they become a 2 to 4 bagger within a week, seems our directors are failing to add value. I hope i'm wrong and I hope they have more to their story, good Luck all, this is not what I was expecting.
SMI Price at posting:
0.4¢ Sentiment: None Disclosure: Held
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