So the Answer would likely be something like:
The reason for the increased share price is probably related to our previously released 23 April 2024 "SUMMIT TO ACQUIRE TRANSFORMATIONAL BRAZILIAN NIOBIUM, RARE EARTH & LITHIUM PORTFOLIO" Announcement
And the following excellent results that were also Announced:11 June 2024:
High Grade Assay Results Confirm Niobium Potential at the Equador Project,
Brazil HIGHLIGHTS
• First assay results from the Equador Niobium and REE Project confirm High Grade Niobium and Tantalum over a 1.2km strike length
• Assay highlights including partial rare earth oxides
(PREO) from surface pegmatite rock chip sample program includes:
o 40.84% Nb2O5, 15.74% Ta2O5 and 4,660 ppm PREO (SUMSS001)
o 34.45% Nb2O5, 26.73% Ta2O5 and 5,330 ppm PREO (SUMSS004)
o 22.01% Nb2O5, 34.16% Ta2O5 and 3,020 ppm PREO (SUMSS003)
o 25.67% Nb2O5, 25.92% Ta2O5 and 9,070 ppm PREO (SUMSS002)
In the above Announcement it was also stated that:
"• Additional locations across the Equador project have been sampled with numerous rock chip assays pending"
Then they may also add in the new assay results
further confirming the Niobium and Tantalum hits !!!!
Or something like that anyway.
When gains are made after an Announcement,
They really should just go at look at that by themselves,
it generally explains the reason for the gains,
And often negates the need for a Halt or Pause.
But they just like to do it from time to time anyway,
So it's no big deal.
We just get a 2 for 1 Announcement,
That should hopefully knock it out of the ballpark !!!!
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24.0¢ |
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Mkt cap ! $20.23M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 49117 | 24.0¢ |
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Price($) | Vol. | No. |
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24.5¢ | 39538 | 1 |
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No. | Vol. | Price($) |
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1 | 49117 | 0.240 |
1 | 20000 | 0.235 |
1 | 6000 | 0.230 |
1 | 1844 | 0.215 |
4 | 52380 | 0.210 |
Price($) | Vol. | No. |
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0.250 | 12500 | 1 |
0.255 | 110819 | 2 |
0.260 | 148967 | 3 |
0.265 | 5000 | 1 |
0.270 | 67738 | 2 |
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