questions to the gurus

Ehehe I'm back. Thought I would pop in and write some stuff and look what has been written? Haven't got time to answer posts as I'm enjoying a great sunny day in Gippsland.

Now let me see. The 7.0 mil raising. Think I answered that question before. Once again I have no issues with the raising (if) it goes through. SML have done extremely well (if) they have secured funding at that price. Simple.

Noticed the following raisings over the years, Feb 04 10mil shares @ 10cps, Feb 05 placement to Gillon Securities 7.2 mil shares at 14cps plus free option, Dec 05 placement to larger shareholders @ 8cps. Since then there has been several other placements at lower prices.

Now let me play the same games that "parties" are suggesting. Oh gee the new investors must be smart otherwise why would they take up the placement at 4cps. Perhaps they are? Oh gee those smart investors that took placements at 10cps, 14cps and 8cps were also smart? There is no difference between any of these investors....lol...

Hope I have satisfied some?

Now can I please have a few answers to some questions from the gurus out there. These are pretty easy, but I'm pretty dumb so your help would be appreciated.

Since the last jorc announcement of 55thou oz au. What is in your opinion the real resource figure at this time and why?

Taking that there has been limited drilling in the last 12 months what makes you think that there will be any large increase?

How much will SML have to spend to at least double their latest jorc of 55thou oz au?

How long will it take with drilling, to at least double their current jorc resource?

Help me here please as well. Someone has given some figures about a 720thou oz au. and trying to value it taking into account 600mil shares. My question here relates somewhat to my previous questions. How many raisings and shares will need be issued and how many years of drilling will be required to substantiate those 720thou oz au. figures.

There you go for a start. One will suggest I will get the "smart a answers" from some, however for decency sake, please answer truthfully. Go for the stock, not for the poster. All I am after are hard facts.

Please be kind in your responses...lol...got to go now. Will check back later today/tomorrow?