SUM 7.89% 20.5¢ summit minerals limited

Ann: Trading Halt, page-139

  1. 1,174 Posts.
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    Note: A good geo will be able to define what decent Niobium looks like. The lab will obviously confirm what we have in the ground. I do believe there is a great confidence from the team that we have something decent. Niobium is super hot atm and any indication in the next Ann, we will see a dramatic rise.

    I don’t mind having more cash in the kitty and raising at 18.5c was sensible after the run we’ve had. 3 weeks for lab results is also a very quick turn around. It sounds like the raise was heavily oversubscribed which is great news for holders
 
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