SMR 1.35% $3.01 stanmore resources limited

Ann: June 2023 Quarterly Activities Report, page-20

  1. 2,432 Posts.
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    Smr has $70mil net cash ($107 AuD), plus we see 860,000t product in stockpile worth $315mil before taxes and royalties... trading slightly under PE of 2 at current coal prices... Personally which ever way I look at it this seems deeply undervalued.... We trading same price 12months ago when there was mountain of debt and risk involved.. I have been quietly adding more & very comfortable to hold & dont plan to sell anything without $4 in front it...
 
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