SMM 25.0% 0.5¢ somerset minerals limited

looks like we may get cgt after all

  1. 355 Posts.
    I can feel CGT relief coming on....thank christ for that!!

    Didnt plan on Areva throwing a spanner in the works..... but as the directors are in the same position as us (having sold to PDN but looking for CGT relief themselves), i did not think that they would stop in their efforts to secure at least min 80% SMM, if for no reason other than to look after their own interests

    Only 3.6% to go....a mere formality now IMHO....well you would think so anyway!

    I have learned a valuable lesson on this one .......come what may....when CGT relief at stake, wait for 80%aquisition
 
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