I agree,
SMR is basically a call option on the Coal price but will be treading water until that happens. Even if they are marginally profitable after royalities and management, it will mean minimal dilution down the track.
The game changer is IP East and I like that expected production is in ~18 months when the Coal price is expected (hopefully) to be higher allowing SMR to really cash in.
I'm a SMR admirer and waiting for entry.
I agree, SMR is basically a call option on the Coal price but...
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Last
$1.88 |
Change
-0.080(4.08%) |
Mkt cap ! $1.694B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.95 | $1.86 | $4.062M | 2.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 268 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 17327 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |