SMM somerset minerals limited

pdn smm its a done deal, page-9

  1. 1,959 Posts.
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    Hi DABRU.
    Your not ramping.
    Your telling ther truth, IMHO.
    In the Courier Mail last December.
    This is what Alan Eggars said.
    "We have doubled our activity".
    "We have esclated the drilling and we are now spending about 1 Million Dollars a month".
    "Our drilling indicates that we have a world class resource that will be one of the world's top ten uranium mnes".
    "I think the Queensland public and the premier need to know that so they can make sensible decisions about these things".
    Summit has 8 deposits.
    Two in a court battle with PDN, Valhalla and Skal, 50% or maybe 100% owned, if they win the court decision.
    The other 6 are 100% owned by SMM.
    They are Andersons, which could be the best.
    Bikini, Mirriola, Tjilpa, Warwai, and Watta.
    Besides this, there are another 15 prospects which who knows how big they are when they become deposits, after SMM starts to drill them.
    Red Alpha, Western, Mixabe, Woomera, Pile, Hero, Crowbar, Mirroola North, Mirriolla South, Drum, Rich John, calton, Narpajin, Bullfrog, and Ecotte.
    Also there is the greenfields Georgian Basin, over 15,000 Km in size west of Mount Isa.
    Add all this potenial together and we must have much more uranium then anything PDN has in Africa, without the foreign risk.
    Everyone knows with what the leaders of the ALP have been speaking out about, that they plan to change, and allow mining.
    Adding things up, IMHO, PDN is trying to steal this company, and left alone SMM would, IMHO have a larger market cap then PDN in 2 to 3 years.
    Just my opinion.
 
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Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $11.61M
Open High Low Value Volume
1.9¢ 1.9¢ 1.5¢ $394.8K 22.71M

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Price($) Vol. No.
1.9¢ 2364242 3
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Last trade - 15.52pm 25/07/2025 (20 minute delay) ?
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