SUM 10.5% 34.0¢ summit minerals limited

SUM next WA1, page-1107

  1. 7,913 Posts.
    lightbulb Created with Sketch. 978
    People need to realise that SUM's grades are from surface !!!!

    Not starting from 126 Metres deep like WA1.

    WA1 has to move 126 Metres of dirt and rock to even begin to hit the Niobium.

    Work out what that costs and make sure that's added in to the comparison.

    SUM can be hitting both the Niobium and Tantalum from surface,
    Already making a fortune by the time it reaches depths of 126 Metres.
    Which is a HUGE Financial Advantage !!!!

    Not only is SUM saving a fortune on having Niobium and Tantalum from Surface,
    It is the only one with Tantalum.

    Which is another significant Advantage for SUM.

    Now those going on about size of the deposit,
    SUM is continually adding more results showing increased size of their strike,
    And that seems very likely to continue.

    SUM could well have an even Larger Deposit than WA1.
    From surface also saving huge amounts of $$$$,
    With Tantalum, that could be worth more than all of the Niobium WA1 has,
    And one the best World Experts on Niobium on the Ground.

    Personally seems like the odds of SUM actually surpassing the value of WA1,
    Are much in SUM's favour !!!!
    Last edited by $$$$$$$$: 13/06/24
 
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