RE: SML is rapidly growing cash28 Mar 2025 09:21
Way i think about it is they increased cash to over $600k last year (it would have been a lot more if they hadn't paid off the one off liabilities). Without those ahead and a super deal in the States it's feasible to think that cash will work it's way towards $2m. Can see this moving towards 1p as the market cottons on to this ignored producer. Oh and it deserves a higher valuation because it's not just producing but it's not an African outfit but American with UK exploration upside!