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8.33% 16.5¢ summit minerals limited

I note some posters stating we only paid 300k for this land thus...

  1. Plompus
    97 Posts.
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    20/07/24
    09:52
    Post #: 74838286
    I note some posters stating we only paid 300k for this land thus must be worthless. We paid 300k + roughly 10% equity after dilution? + 2% NSR ROYALTY <--- big difference in valuing a land package for only 300k cash
    SUM Price at posting: 23.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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16.5¢ 		Change
-0.015(8.33%) 		Mkt cap ! $11.85M
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18.0¢ 18.5¢ 16.0¢ $219.8K 1.266M

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