Anyhow as SUM has announced that Bulk Sampling and Drilling are planned etc.
Approval should not take too long.
I expect SUM will be Drilling this Quarter.
ENR went up 94% on niobium drill results,
to $272M MC
It is now $335 Million.
So on Drill Results,
It could way go up 15 times
to 19.4 times or more,
Given peer valuations that do not even have all the other projects SUM has.
That means given peer valuations
SUM should hit a $270 to $350 Million MC on Drill Results.
Which would be around a $4.00 to $5.00 SP....
$1 party, page-5
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