SMM
Click for more information
20.0% 0.4¢ somerset minerals limited

have we reached the bottom yet, page-14

  1. kawartha
    711 Posts.
    lightbulb Created with Sketch. 84
    clock Created with Sketch.
    02/07/08
    18:45
    Post #: 3940466
    I disagree - from 07FY report

    "EBIT before non-recurring items was $9.6m with a gross margin of 37%"

    With a higher recover rate of up to 80% for Cinabrio and 93% for Dalmacia open cut then EBIT will fall along with economies of scale as hinted at in the latest report ( 85,000 tonnes in 1 blast and weekends off )

    I also believe they have around $2 billion in inground gold in Armenia - perhaps they can sell it on ebay!
    TMR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS ASX hits all time high out the gate on Friday trades following bullish US inflation data
right-arrow Created with Sketch.
NEWS What matters for FY25: Investment; interest rates; inflation & elections
right-arrow Created with Sketch.
GED Golden Deeps eyes prospective Cu-Au tenements in NSW with HOA
right-arrow Created with Sketch.
AUG Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree
right-arrow Created with Sketch.
RNU Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
right-arrow Created with Sketch.
I88 Infini Resources announces exceptionally high-grade uranium soil assay results
right-arrow Created with Sketch.
watchlist Created with Sketch. Add SMM (ASX) to my watchlist
(20min delay)
Last
0.4¢ 		Change
-0.001(20.0%) 		Mkt cap ! $4.123M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $256 64K

Buyers (Bids)

No. Vol. Price($)
7 2273526 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 5715156 8
View Market Depth
Last trade - 10.08am 12/07/2024 (20 minute delay) ?
SMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.