Southstone Minerals Ltd V.SML

Week ahead

[Budlight1971]

I must not be the only one to whom the rise of the past week has aroused the enthusiasm for the action of SML. I can't wait to see what we have in store for the next few days and weeks, I hope we get some great news like the sale of Kwena and a lot more. I imagine that like me, many long-time shareholders have a fairly high average hit, given the very small number of shares in circulation, we could find ourselves quickly with a very very good profit. Good luck to all.

[hempster]

One thing that is also worth mentioning is that all the options and warrants the management holds are priced at .50 and $1, so they are also still pretty far away from being in the money. Management are the ones who could benefit the most from a high SP, so in consequence they should have a pretty high intrinsic motivation to keep the present uptrend alive. I fully agree, we got some very, very

[bigstar10]

Back to .50+ as per pre-consolidation days then up over $1

[hempster]

https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html According to this link the average P/E ratio in the mining sector in the US is currently ca. 40, meaning at  $0.025 EPS a SP of $1.00 would equal the industry average or considered normal / fairly valued. A $0.025 EPS should be achievable for the company in this financial year, as the negative effects by Covic 19 on