Small NZ broker/advisory firm where one of the principals owns sufficient to be one of top20 holders. Visited SMI on site last year and occasionally writes about them. Yesterday was one of those days. Assume interest today will have arisen from that. Inference was along the lines that RAS will raise resource by @1.5moz and when infill is done and next resource upgrade is done it will move from inferred to indicated and subsequent rerate from current $per oz to something a little more realistic. Market cap $200+ kind of thing. For information purposes only, not financial advise yadayada. Given there only 4 or 5 of us here in the first place thought it may be of some interest.
SMI Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held
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