SUM 2.17% 22.5¢ summit minerals limited

Current and future price predictions, page-39

  1. 8,043 Posts.
    lightbulb Created with Sketch. 1079
    Peer Comparisons can be a good way,
    To predict what a company could be worth:

    So take ENR for example,
    Which hit around $272M MC on drill results,
    Gaining 94% or more in a day,
    then going on to a $400M MC.

    SUM has a $14M MC
    ENR now has a $315.5M MC

    Which is 22.5 times SUM's
    Current Market Cap.

    Which gives around a $5 SP
    Just on drill results.

    WA1 went to over $1.2 Billion
    on an Inferred MRE,

    Which is 85 times SUM's current MC

    Which would be around a $19 SP

    SUM also has Tantalum making it's deposit have far more value.

    Tantalum is around 4 to 4.5 times the price of Niobium,
    Which means the combined value is 2.5 times,
    To 8.5 times the value for the same Tonnage,
    Of the Deposit depending on how high the Tantalum Grades are.

    Then there's the Paraiba Tourmaline,
    Worth an absolute Fortune !!!!

    Paraiba Tourmaline can be worth $50 000 USD a carat !!!!
    Which is $371 140 AUD a gram,
    Which is $371 140 000 AUD a Kg
    Which is $371 Million AUD a Kg
    Which is $371 Billion a Tonne.

    So it really wouldn't take too much top grade Tourmaline,
    To make us all rich !!!!

    It is Yet another Value Adding feature of SUM's deposit,
    That the peers mentioned do not have.

    So in reality SUM could go much higher than either of those examples,
    As it has more valuable materials in it's Deposit....
    Last edited by $$$$$$$$: Wednesday, 14:41
 
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Last
22.5¢
Change
-0.005(2.17%)
Mkt cap ! $16.17M
Open High Low Value Volume
23.0¢ 24.0¢ 22.5¢ $355.6K 1.544M

Buyers (Bids)

No. Vol. Price($)
1 2431 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 13854 1
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