SUM 2.94% 16.5¢ summit minerals limited

Constrained Value Estimate, page-58

  1. 420 Posts.
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    Certainly looking good. An MC now of between $30m and $50m AUD seems within reach. I hope so, as that would put our SP somewhere between $0.65 and $1.05. I would be very happy in that range. Importantly, that would push the options (SUMO) well and truely into the money, somewhere between $0.40 and $0.80 AUD, ignoring time value. Potentially, multifold/ multi-bag returns (for heads and oppies)..
    IMHO/DYOR
    Last edited by MicroNova2035: 22/05/24
 
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