Just to add some more substance to the de-risking relevance &...

Just to add some more substance to the de-risking relevance & indeed importance.

Take a look at RDN. A company I know pretty well.

Did not much for years with a bunch of European projects that promised much and ultimately delivered little...

Result is billions of shares & options on issue to maintain survival.

Yet they then get lucky and realise they hold some ground next to Azure which had a massive Li discovery.

They release some decent Li rock chip samples.

Shares go mental.

Everyone waits for imminent drilling plan with excitement...

Months & months have since passed.... everyone still waiting for drilling plan news.

Company has zero communication with shareholders during this time...

No other news to release of note. All apples in the one basket to move the share price...

Result: Share price now back to 2.6c....a third of what it got too...holders on HC angry & bewildered...mainly because while they are sitting twiddling their thumbs they see a company like us become a new market darling....

That is the definition of a 'one-trick pony' stock. So risky.

Compare that to SUM.

Equador now de-risked - massive.

Several other Brazil projects of note to sink our teeth into....(refer potgut posts for intel) - massive.

Uranium suddenly back in vogue in WA thanks to the Libs - massive.

Possible further Brazil acquistions - massive.

Company has almost daily communication - shareholders valued and put first not last.

Management genuinely seem excited to be on the ride and want to share successes.

Kudos to the SUM team. This is the blueprint all ASX junior / mid cap companies should follow.

Those non-holders on here who take pot-shots only do so because they are envious. That is a fact. I have news for them....it's only gonna be a much more painful watch for you all herewith if you remain on the sidelines