Funny thing, I was just going to post how SMI seems to not be getting much attention considering its stellar performance, and then I read your post.
The rerate is happening not only on the back of a rising gold price, but it just so happens New Zealand is now a very favourable country to be a gold miner!! So, we could see valuation slightly above your call. Maybe $900m - $1b.
Acceptance to the Governments Fast Track next year will be like a shot of nitrous.
Funny thing, I was just going to post how SMI seems to not be...
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Last
$2.08 |
Change
-0.040(1.89%) |
Mkt cap ! $438.7M | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.15 | $2.06 | $1.221M | 582.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1264 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SMI (ASX) Chart |