SUM 10.5% 34.0¢ summit minerals limited

Ann: Trading Halt Request, page-86

  1. 17,848 Posts.
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    The news flow coming from SUM this year is going to be epic ,,my broker contact with Brazil intel , especially likes the potential at the Aratapira saprolite clay system 29000 ha ,and thinks it alone could support the current market cap if initial exploration shows potential ..

    A thick saprolite layer exceeding 200 m is associated with the Barreiro do Araxá carbonatite1 , where deep weathering and supergene-enrichment contribute to higher P and Nb grades, is exploited by VALE's Araxá phosphate mine and CBMM's niobium mine, the world's largest Nb supplier. Reconnaissance exploration revealed the same thick saprolite clay layers extend across Summit’s ground at Aratapira .

    Big weeks ahead coming .
 
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Last
34.0¢
Change
-0.040(10.5%)
Mkt cap ! $20.60M
Open High Low Value Volume
36.5¢ 38.0¢ 31.0¢ $3.427M 9.933M

Buyers (Bids)

No. Vol. Price($)
1 33829 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 15793 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
SUM (ASX) Chart
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