SMM 0.00% 0.4¢ somerset minerals limited

Ann: Updated Investor Presentation January 2021, page-64

  1. 2,791 Posts.
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    Yes my views have changed slightly with regard to strategy, I'm not betting the farm on Elizabeth assays rocketing the sp based solely on gold shares not getting a lot of love at the moment.

    I think the Jorc update circa March will put the biggest line under the sp with regard to staying power.

    Ecuador - Would they defer RZ drilling to suit a time table for drilling both blocks one after the other if a Jv arrangement comes into place, not sure how this one will play out short term, it will still be a welcome announcement to see how they are going to pursue it. Given the status of the first hole to be drilled I am still hopeful if the neighbours are keen they will knock out the 3 holes after they drill Barbasco out.

    We always seem to be waiting for another Month to come but should be some good news in February once management has been sorted out.
 
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