SMM somerset minerals limited

up nicely today, page-9

  1. 22,691 Posts.
    I was quite disgusted seeing the price drop from $1.78 to 85 cents:

    http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=AU%3ASMM&time=&freq=

    But any talk may have made matters worse so the best thing was to top up between 89 and 93 cents, which I did.

    Given time, the price ought to recover, particularly as they ought to double their original 75 mill lbs Uranium as they set out to do.

    Actually, they have a number of projects to drill yet and the grades have improved.

    Meanwhile they will put out a Jorc Resource Inventory based on the deposits they already have drilled. I am expecting more than 150 mill lbs after drilling all U deposits IMHO.

    Analyst reports and Projects:
    http://www.summitresources.com.au/

    Gerry
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.




 
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(20min delay)
Last
1.4¢
Change
-0.004(22.2%)
Mkt cap ! $9.031M
Open High Low Value Volume
1.8¢ 1.8¢ 1.4¢ $221.0K 14.21M

Buyers (Bids)

No. Vol. Price($)
1 160112 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 1030260 4
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Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
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