SMM 25.0% 0.5¢ somerset minerals limited

Since HC took over I have disliked his approach and direction. I...

  1. 1,256 Posts.
    lightbulb Created with Sketch. 1
    Since HC took over I have disliked his approach and direction. I doubt very much whether I would have flip flopped on this Werley. Even if I did there has been quite a lot of reasons in recent months to change ones opinion. I have however flip flopped on TMR sentiment and made many and varied statements. Called 16c the bottom, then readjusted to 12c as a bargain and now I reckon the worst is upon us and this will trade to a newly found (recent term) bottom of 9.7c. I have calmed down a little. I can see why he had to place the shares with institutions. I can see how he soiled his pants and realised that there was calamity if the SPP wasn't filled. My concerns are now REAL and HC has to fess up to how much MORE money is going to be required to get TMR up and running. This is now starting to look a lot like a gamble. Am I up to gambling on TMR now? Not certain but I am sure that we are about to see a firm bottom realised for the time being.
 
watchlist Created with Sketch. Add SMM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.