Interesting to see SMR mentioned looking for JV or equity in latest financial report. I think SMR has perfect opportunity to find a partnership order to fund it's MDL. It can sell or JV one of it's unexplored to others just like MTE sold 51% of its non-core tenament to Sinocoal who bring in $30m cash to company. If SMR can do similar, It will speed up it's whole process, we will see more JORC resources added, more attention attracted and SP lifted. Personally I think SMR has more chance to find JV: 100% ownership for all 7 tenements , measured and marketable reserve ( not just inferred or indicated), experienced management and clear strategy. But....... It's long way for SMR to become a producer and only if SMR has enough $$ to do so. Come on management ! Go to find someone with bulk of money to work together! I have patient to see SMR to fly in the sky in next 12 months. Let's be rewarded !
SMR Price at posting:
81.0¢ Sentiment: None Disclosure: Not Held
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