Good luck to all SUM holders but why come on here with sour grapes?
It's a sort of madness.
If WA1 sells 500kt pa of Nb ore at a margin of 5k per tonne for a combined net income of X, over 67,000,000 shares on issue, what is the EPS?
What is the typical PE ratio for ASX minerals?
Future price = PE*EPS = BOOM
Not a pump. Recognition of genuine value.
Your SUM is finding new lows everyday. The company has drilled 1 hole in over 2 years and haven't published the result.
I'd have sour grapes too. Imagine buying WA1 at 20c in the IPO and holding it until it pays a dividend per share orders of magnitude bigger than your initial investment cost per share. Then imagine you sold at $3. It was never going any higher.
WA1 Price at posting:
$13.39 Sentiment: Buy Disclosure: Held
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