SMM:
I should add that previously, I allowed 38 cents per share for "other" resources.
A drilling report wil be due within a few days.
If these "other" resources were not allocated any value at all, then the SMM market cap rises to $A109.12 mill.
Based on previously calculated net value of $A2.33 Bill, the value per $A1 market cap will change from $A51.9 to $A21.35, about 5.43 times PDN's $3.93 value.
Please bear in mind that PDN has been marketed for quite some time while SMM's share price commenced upgrading a week or so ago.
Subject to audit.
Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.
- Forums
- ASX - By Stock
- SMM
- + smm and pdn +
+ smm and pdn +, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
Ryan Parkin
Managing Director & CEO
Previous Video
Next Video
SPONSORED BY The Market Online