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Simmers

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Jay_1
Occasional Contributor
Article in todays FM. Simmers First Uranium holding alone is worth R 5.57 per share. Guess this might explain the surge in the price in the last few days. At the current 7.05, this means their gold operation is valued at only R1.48. Before the first uranium listing, the simmers gold operation was valued at around R2.50. Could this point towards at least another R1 upside in the current share price.
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2 REPLIES 2
Jacques_1
Frequent Contributor
Interesting, very interesting
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Captain_Kidd
Contributor
I am inclined to agree with you, I have also done the sums and come out at about 150c for the gold listing at present prices, I think we will see some more upside to come. I am not sure what the current bid price is on first uranium but at 31March it was @ 7535c.
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