Ex-mouth may take some time but what is more immmediate is their Mt. Isa jv with Kings Minerals.
Even after their dilution to 30% in the jv, the first resource estimate that came out recently from the drilling program by Kings would give SMD an insitu value of just over a $1B of minerals.
Not bad for a newly listed junior.
With the on-going infill drilling by Kings, that figure should increase very quickly.
timeframes, page-2
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Last
10.0¢ |
Change
-0.015(13.0%) |
Mkt cap ! $14.26M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.0¢ | $6.859K | 64.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 210561 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 9910 | 1 |
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| Last trade - 15.59pm 09/09/2024 (20 minute delay) ? |
| LAT (ASX) Chart |