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SMG silver metal group limited

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09/01/25

18:54

Post #: 77338958
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Originally posted by PhillW: ↑

If they finally do sell Texas, their silver Eq oz will drop by 19m oz down to circa 28m silver Eq oz. Everyone needs to recognise that when companies state their resource in silver Eq oz, that the prices they use for the various commodities make a big difference, especially the silver price. The prices in my spreadsheet show the silver Eq oz at current spot prices. Webbs & Conrad only have 19m oz of silver. The balance is other metals.

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Texas has sold and transferred from SMG, now owned by DANOLA PTY LTD

SMG Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
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