What we do know is their is news on the Way !!!!
Lot's of Assays have been sent in over the last few weeks,
And we have not had any results since the 2/7/24.
Samples that were sent in on the:
10 Jun 2024, 18 Jun 2024 and 21 Jun 2024.
As well any Assays since then,
which would be several seeing they are sent in once or twice a week,
Are likely still on the way....
Also the Pulps sent in on the 10 June,
Were expected to take 6 to 8 Weeks,
It has now been over 6 Weeks since the 10 June,
It was 6 Weeks from when they were sent in on Monday.
So the Pulp Assays should be received anytime from this week to 3 weeks time.
Allowing for around a week to interpret the results,
And write up the Announcement.
Not to mention,
Bulk Sampling and
Drilling approvals are on the way:
• The Company continues to focus its efforts on an expedited initial drilling program to validate the quality of the Project and anticipates receiving permits for the proposed trenching and drilling programs in the next few weeks
• Summit is now fully funded for its proposed drilling campaign following its recent Capital Raise.
So if one is holding for the long term,
And has done their research on the company as well as
The timelines of what news and work will be completed and when,
One could make a more informed longer term decision than what they get from a quick look at a Thread.
Within a couple of weeks SUM could get Drilling and Bulk Sampling Approval,
Then be Drilling.
Looking at what peers got on Drill Results,
And that SUM also has Tantalum making it even more valuable,
As in 2.5 times to 8 times more valuable than the Niobium alone,
It seems their is a lot of potential upside.
Personally it really doesn't seem like a long time to wait,
To be holding for Drilling, Bulk Sampling and Drill Results....![]()
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Last
21.5¢ |
Change
-0.015(6.52%) |
Mkt cap ! $17.64M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 20.5¢ | $202.5K | 937.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 20000 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 5357 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 20000 | 0.210 |
4 | 67302 | 0.205 |
10 | 207488 | 0.200 |
2 | 5133 | 0.195 |
2 | 60000 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 5357 | 1 |
0.225 | 20000 | 1 |
0.230 | 100385 | 1 |
0.235 | 15000 | 1 |
0.240 | 37500 | 3 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
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