SMR stanmore resources limited

Ann: Half Year Results and Investor Presentation, page-4

  1. 275 Posts.
    lightbulb Created with Sketch. 43
    most interesting for me was the BMC acquisition contribution:
    "US$753 million in revenue and US$78 million in net profits after tax in two months"

    no wonder they grabbed the other 20% fast...

    if this price environment lasts another 6 months they will have a strong balance sheet and a handful of nice assets.

    The advantage of having multiple locations in close proximity is that you can share resources and have more options to act on during difficult times.
 
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