SUM 11.4% 24.5¢ summit minerals limited

Ann: Trading Halt, page-82

  1. 8,151 Posts.
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    Lets not forget that SUM has both Niobium and Tantalum.
    And that Tantalum is worth 4 times as much as Niobium.

    Now even at 1% of each there is far more value than just the Niobium alone.
    If they weighed the same combined value would be 5 times that of just Niobium.
    Given Tantalum weighs nearly twice as much,
    That value is multiplied by even more:

    Niobium weighs 8 570 kg a Cubic Meter
    Tantalum weighs 16 650 kg a Cubic Meter

    This means that same one percent grade of Tantalum is around double the weight of 1% Niobium,
    Giving it around 8 times the value of 1% Niobium,
    And a combined value of 9 times that of Niobium alone.

    And that's just with 1% grades for each,
    We know Pegmatites usually contain a higher percentage of Tantalum,
    Making it likely even a Higher Value of combined grades of Niobium and Tantalum....

    Basically 10 times the value of Niobium alone is not out of the question !!!!
 
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