SMR stanmore resources limited

Media report # 2

  1. 458 Posts.
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    Interesting report just posted on The Australian webpage:

    Whitehaven Coal, Yancoal and Coronado Energy make BHP cut | The Australian

    For those of you who can't see behind the paywall. No mention of SMR. Peabody also mentioned as being a bidder.

    It was speculated that the Daunia mine could sell for as much as $6bn, and Blackwater up to $3bn. I would suggest that these prices are way above what would make sense for SMR. But also illustrates what a great purchase the BMC was last year.

    For what it is worth, my experience with Bridget Carter is that her articles are often "advertorials" based on discussions with "those around the market". Consequently, they are often pretty close to the mark.

    A posted previously. If no acquisition then big dividend payments (or other capital intiaitves)....

    Best

    BSP

    DYOR, NFA, GLTAH
 
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Last
$1.92
Change
0.050(2.67%)
Mkt cap ! $1.730B
Open High Low Value Volume
$1.89 $1.94 $1.88 $2.318M 1.210M

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No. Vol. Price($)
1 2703 $1.91
 

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Price($) Vol. No.
$1.92 35515 4
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