Wasn't a WA1 holder, but this is my current play/plan for SUM....

Wasn't a WA1 holder, but this is my current play/plan for SUM. Disclaimer I'm not a professional/not offering financial advice.

I hold both heads and oppies, with the cheap buying opportunities for oppies I ended up with roughly 5 times the number of options as I hold shares.

At some point in the next 2 - 4 weeks I aim to sell some of the heads/shares to cover my total invested amount in SUM and free carry the options.

I'll continue to monitor the price action and newsflow, if there's good momentum then I'll continue to hold the heads for a while longer.

Scanning the forums alot of traders expect the weak junior miners/Rare Earth plays to strengthen in the new financial year in July. - Whether this happens we'll see but it would be good for the sector as a whole, this could put some additional wind in SUMs sails.

GLTAH