SMM 0.00% 0.4¢ somerset minerals limited

cant quiet get this interesting needs comments

  1. 535 Posts.
    Corrent me if I am wrong.
    Directors have proposed/recommend PDN t/o at 6.22 correct?
    SO does anyone want to sell SMM for less than 6.22 ?
    isnt that 6.22 gauranteed T/O price ? or changes with PDN price?

    I expected PDN to drop as a dilution given that Valhala is not producing
    till 2011-12. WHy did SMM drop ?

    Am i missing anything ?
 
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