SUM 2.94% 16.5¢ summit minerals limited

Recap.For circa $28m market capitalisation, no person can deny...

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  1. 218 Posts.
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    Recap.

    For circa $28m market capitalisation, no person can deny the outstanding RvR on offer


    Yesterday we saw ENR jump to circa $250-300m on a good drill hole

    WA1 is already $1 Billion

    We are a tiny $28m right in the heart of Brazil where there is the most niobium in the world, with confirmed high grade niobium and tantalum for 3km of strike. The strike will potentially increase with ongoing exploration

    https://hotcopper.com.au/data/attachments/6267/6267189-9c462db723d485f13650daf533ee4b7a.jpg


    I said it before and I will say it again. SUM will be the most exciting drill program of 2024

    The matter of fact still stands.

    - High grade Niobium + Tantalum identified throughout the project wide distance apart
    - 3km strike so far, this will likely increase with the pending assays
    - located in the heart of Brazil where there is the most niobium in the world
    - outcropping minerals and 5 artisanal mines identified so far with visible columbite (historical locals mining from surface with picks and shovels)
    - SUM will be the first to drill test this highly prospective land and uncover whats below
    - When there is mineralisation on surface, it can indicate a resource below. The fact we have found 5 artisanal mines and mineralisation from surface throughout the project is highly encouraging. What were they mining and selling?
    - if of economical scale, these niobium deposits are worth north of a billion
    - WA1 was originally looking for tantalum (worth more than niobium), and we have that too

    Its a very exciting project albeit early days, the RvR is outstanding IMO

    It is no surprise the level of attention and excitement around SUM's projects as the possibility of a transformational investment is real

    Its not everyday you come across a project like this with the opportunity to be sitting in the hot seat of likely the most exciting drilling program of 2024

    Investors like Tolga Komuva made their riches by taking risk on junior explorers like these. Its very simple, assess the RvR along with your risk tolerance and invest accordingly should you wish to do so

    We have even gotten the attention of well known seeking alpha .com journalist on X, and most recently featured on the Australian


    GLTAH
 
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Last
16.5¢
Change
-0.005(2.94%)
Mkt cap ! $14.24M
Open High Low Value Volume
17.0¢ 17.5¢ 16.0¢ $14.65K 85.79K

Buyers (Bids)

No. Vol. Price($)
3 45047 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 40000 1
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