SMM 20.0% 0.4¢ somerset minerals limited

biggest nearology play on the asx, page-63

  1. 6,018 Posts.
    lightbulb Created with Sketch. 686
    Simple. They wanted both the upside of potential monster discovery and also don’t want to outlay the funds to drill as it is risky.

    Hence, the deal is heavily weighted towards shares and not cash.
 
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