SUM 15.9% 25.5¢ summit minerals limited

bought in today, been watching for over a year, 6-7c is...

  1. 4,545 Posts.
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    bought in today, been watching for over a year, 6-7c is compelling. Still risks for sure, but but goodness they have clearly articulated their plan and achieved milestones, an investor cannot ask for more that that.

    Perhaps selling 20% to Indonesian interests is a good thing as it would secure project finance without too much dilution.

    Still after more at these levels.

    These sorts of deposits tend to continue at depth so the initial stage 1 resource envelope should be much larger UG as we have seen with many other similar deposits.
 
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25.5¢
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0.035(15.9%)
Mkt cap ! $20.92M
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22.0¢ 26.0¢ 22.0¢ $263.0K 1.073M

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2 12852 24.5¢
 

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25.5¢ 37748 1
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
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