Is SUM the most undervalued REE & Li stock on the ASX?
I Bought in last week as I couldn't ignore the tiny MC, Ultra low EV & REE & Li potential.
SOI- 34,927,600
MC- $5M
EV- $1.4M
CASH- $3.4M & 7.8 Qtr's of funding as per Dec Qtrly
52% owned by top 20
Most recent assays-
• STRC014: 23m @ 2,162.45 ppm TREO from 24m
• STRC012: 15m @ 3,088.84 ppm TREO from 39m
• STRC011: 17m @ 3,783.4 ppm TREO from 61m
As well as their interesting Antimony project,
SUM holds a tenement next door to RDT's 55m @ 1.1% Li !
Looking forward to the Mag data for Phillips River Lithium project
& also the Metallurgical Test Work for Stallion's REE
So much potential upside with excellent risk vs reward IMO
Today's Webinar-
MOST UNDERVALUED REE & Li STOCK ON ASX ?
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 (20min delay)
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Last
14.5¢ |
Change
-0.010(6.45%) |
Mkt cap ! $6.91M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 14.0¢ | $319.3K | 2.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 117762 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 48379 | 2 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
14.5¢ |
Change
-0.010 ( 6.45 %) |
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| Open | High | Low | Volume | ||
| 16.0¢ | 16.5¢ | 13.5¢ | 1744532 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| SUM (ASX) Chart |