SUM 4.35% 24.0¢ summit minerals limited

Good point but I would think they would’ve thought there’s 100%...

  1. 3,264 Posts.
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    Good point but I would think they would’ve thought there’s 100% credibility in the results prior to releasing to the market. In fact this is directly from the announcement.

    The information related to Exploration Targets, Exploration Results is based on data compiled by Stuart Peterson, a Competent Person and Member of The Australasian Institute of Mining and Metallurgy MAusIMM. Stuart Peterson is a full-time employee Summit Minerals Pty Ltd. Stuart Peterson has sufficient experience that is relevant to the style of mineralisation and type of deposits under
    consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Stuart Peterson consents to the inclusion in presenting the matters based on his information in the form and context in which it appears.

    It says Stuart compiled the data himself. Why would he compiled the data and released it to the market without having confidence in the results?
 
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