SMM 20.0% 0.4¢ somerset minerals limited

If my math is right this looks to approximate positive cashflow...

  1. 286 Posts.
    If my math is right this looks to approximate positive cashflow of US$1.8m [ex tax] in June alone. I've based this on the on a US$3.50 sell price. I would appreciate a second opinion on this.

    Also anyone seen projections of cash costs when they commence open pit?

    I sense some people will have egg on their face when this realy gets humming.
 
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