SUM should be able to get into production with say.... 350mill shares (issuing 100-150mill @10c) to get there.
You'd have to think that withing a year of production the market cap should be 100-150 mill min that translates to ~50c+ share price.
Seems like a bargin to me, any comments?
Once gold stocks turn, this will turn also.
Ann: Tembang Project Optimisation , page-9
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Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $14.67M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.0¢ | $13.90K | 81.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 210485 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 81242 | 2 |
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| Last trade - 11.46am 15/11/2024 (20 minute delay) ? |
| SUM (ASX) Chart |