SMM 0.00% 0.3¢ somerset minerals limited

This was the heading " The Australian, 09-06-2006, Ed: 1 -...

  1. 227 Posts.
    This was the heading " The Australian, 09-06-2006, Ed: 1 - All-round Country, Pg: 004, 114 words , LOCAL
    LABOR powerbroker Bill Ludwig last night declared he had the numbers to overturn the party's ``no new uranium mines'' policy, despite party apparatchiks in two states moving to silence debate on Australia's role in the nuclear power industry. The inf... " article available on paid archive service. Gerry is there any relevance in your calculation - dividing the number of smm shares into the current retail value of the resource would seem meaningless to me. There are several broker reports on the smm web page that gives a npv value currently at about $3 - assuming a big increase in resource we could see that go much higher - say $6 npv - the political risk is all but gone and I would like to see this reflected in the sp
 
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