SMM 0.00% 0.4¢ somerset minerals limited

+ data and comment +, page-81

  1. 22,691 Posts.
    re: + uranium / comment + Both SMM and PNN only have one drill and this can cause problems as in house expenditure is the same whether 1 drill or 3 drills are used.

    Also, with 2 drills, chances increase that something good wil be shown up.

    The map on page 6 shows that one Plant can service all projects, thus no project needs to be of massive size.

    It is early days yet as far as the new projects is concerned, but with the second drill coming in mid Sept, operations wil be speeded up.

    There are quite a few projects there, thus there never will be a surplus of drills.

    Sofar, the area has been partially explored only.

    SMM, THE HOME OF URANIUM

    Gerry
 
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