stayhere, you are correct re valhalla and skal but long term holders of smm believe 100% owned andersons has the potential to be better than the others.
Also there is still the court case to consider which could give paladins 50% back to smm as well. In my post of 16 jan when sp just under$3.00 I predicted smm sp would certainly double and possible triple this year [see post for reasons]. Inow think fedex is right with a mkt cap of 1.5 bill plus giving sp of about$7.50-$8.00. This based on more rapidly increasing u price than I thought and cigar lake being further delayed and possibly NEVER opening because they are in uncharted territory. This from some of my Canadian reports.
Finally I note that Gillard has come out supporting u mining because it means more jobs, so I wish the knockers would stop saying mining in Qld is still risky.
If the federal labor leader ,his deputy. the qld premier and the head of the AWU all support changing the policy ,give me more risk.
SMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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