SMR stanmore resources limited

re: Ann: Belview Coking Coal Project JORC Res... Great little...

  1. 3,890 Posts.
    re: Ann: Belview Coking Coal Project JORC Res... Great little company.

    It's still not far above cash backing.

    High-class management. With plenty of skim in the game. Quality assets including port allocation, which, when the tide turns, will be of significant value. All the right ingredients.

    Sprint Capital a handy partner too; look at last capital contribution price.

    Bloody hard to work out a fair value range here. Can mount arguments of anything between 20 and around 70 cents.
 
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Price($) Vol. No.
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