Shouldn't you be over at WA1 that is still decades from even getting a Mining Lease?
And will need to spend at least $1.5 Billion to get there?
If it ever does.
SUM is looking very undervalued in comparison,
Seeing WA1 has an $1.12 Billion MC
While SUM has a $16M MC Yet is closer to Mining
And Already has a Mining Lease.
Not to mention being in the Correct Country,
One that actually has Niobium Mines !!!!
Am even more confident SUM will be Mining before WA1,
Than before....
So upon Mining SUM should be valued at more than WA1,
Which is a lot of potential upside !!!!
Ann: LiDAR Survey further enhances Equador Niobium Project, page-241
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Last
25.5¢ |
Change
0.035(15.9%) |
Mkt cap ! $20.92M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 26.0¢ | 22.0¢ | $263.0K | 1.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12852 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 37748 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SUM (ASX) Chart |