SML's latest numbers part 2
I just made an excel table to track all the changes in outstanding shares, debt and assets of SML caused by the Kwena Sale and all the other deals during the last few weeks.
Unfortunately there's hardly any public information aviable on how the assets of the company changed during this time, so I took the freedom to assume they did not change - during the last few quarters they were also pretty much stable, the only quite volatile position was their cash holdings. Anyway, even though there might have been more changes to their assets than I could assume, the trend is pretty much clear: the equity per share has risen significantly, according to my calculation it may have increased 4.5-fold since the end of March, while the amount of shares grew ca. 18%.
SML truly is probably one of the best run junior miners at the moment.
Here's a link to the screenshot of my excel table: https://imgur.com/T4pF33q