pods,
It is an undeniable fact that SMA has accumulated $65m loss over the years....Some from its mining legacy....Some when it became smart....Some real cash burn....Some non cash/writedowns.
The wrong thing is to say that SMA has to "recoupe" this loss before we can even mention the word "wealth creation"
Take FGE....Once profitable ,almost blue chip outfit with massive assets & no accumulated loss......It destroyed huge wealth....Simply went belly up.
Babbling concrete numbers is not very smart.
SMA Price at posting:
1.4¢ Sentiment: None Disclosure: Held
