SMM somerset minerals limited
Add to My Watchlist 5.56% ! 1.9¢

don't forget smm also has 1b tonnes of iron ore

  1. AimForSimon
    7,523 Posts.
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    25/03/06
    14:06
    Post #: 1454715

    Not only does SMM have more proven U resources than PDN but SMM also has around 1b tonnes of iron ore. All it would take is a likely Asian to fund a 75 km rail spur and off she goes.....

    Asian steelmakers and traders are desperate to see alternative iron ore producers to reduce the price negotiating power of BHP, Rio and Brazil's CVRD and some are willing to put their money where the mouth is.
    SMM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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0.001(5.56%) 		Mkt cap ! $12.12M
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Last trade - 14.12pm 25/06/2025 (20 minute delay) ?
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