SMM somerset minerals limited

sold all my resolute in protest yesterday, page-2

  1. 1,919 Posts.
    lightbulb Created with Sketch. 105
    re: summit vs resolute seems like there may be some high-level politics going on......

    i mean it was generally reported in some media, that SMM would possibly buy-out Resolute's share, or in one form or another become the main player.....

    but then you see Resolute with their IPO called Valhalla Uranium (named after the Valhalla deposit).....which is supposed to hold all of its uranium interests........tis a funny name when you consider that SMM is the manager (and 50% partner) of the project....

    then Resolute comes out with that announcement....

    Maybe they are wanting to take over the Valhalla/Skal project from feasibility stage onwards....??...

    although my understanding was that the project was being managed by Summit but their was an operating committee which made all of the decisions and comprised of 50% representation from both companies....
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $9.031M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $45.62K 3.284M

Buyers (Bids)

No. Vol. Price($)
1 635357 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 852000 3
View Market Depth
Last trade - 12.45pm 31/07/2025 (20 minute delay) ?
SMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.