SMM somerset minerals limited

SMM is an explorer, not a producer at the moment.Therefore, you...

  1. 1,959 Posts.
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    SMM is an explorer, not a producer at the moment.
    Therefore, you have to take that into consideration when coming up with a value.
    PE is not going to do it for you IMHO.
    By the time their are a producer the world could have changed alot, along with investing in uranium, IMHO.
    Many things to consider,
    price of uranium,
    how many millions of pounds from JORC estimates,
    non JORC deposits, and prospects,
    where they own their deposits,
    Therefore, estimating what the value of the uranium is in the ground, and that is always changing. IMHO.
    Reading between the lines of what the CEO says in articles.
    IMHO, we will have a great JORC.
    How I decide what value SMM is worth is my own estimate, and something you should as an investor work out for yourself.
    How and when I decide to buy, I use those and other factors.
    As Peter Lynch used to say, "If you don't know why you bought a stock, then you will never know why you should sell it"
    As for being a man, you should learn to ask nicer when wanting some answers.
    Anyway, this is a chat line and anything said here should be taken as my own opinion, and not investment advice.
    DYOR, or get professional share advice.
    Just my opinion.
 
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(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $12.12M
Open High Low Value Volume
1.8¢ 1.9¢ 1.7¢ $155.2K 8.805M

Buyers (Bids)

No. Vol. Price($)
3 2337315 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 371928 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
SMM (ASX) Chart
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