Ann: Quarterly Activity and Cashflow Report, page-9

I'm not sure if you are trying to trade this stock or what but its hard to follow your genuine views, its good to look at things both ways but over the last month you go from all in on SUM and praising management to completely critical and hating on the company.

@potgut Exploration in Brazil is much cheaper than in Aust, other explorers are using auger drilling which is shallow and very cost effective so 2.7 quarters of funding will go a long way in my view. On top of this the acquisition announcement stated they have done rock chip and soil sampling and await results so I'd assume its in a similar area to the vendor samples, confirmation of grades you would think would allow a significant re rate based on the fact they are $6m mcap with such low SOI. If they get confirmation then any raise would be heavily over subscribed. They have had plenty of chances to raise already and had news to flush it out so they may be planning to wait for the DD soil samples to come back.