Look at the figures you have provided …. It’s infomercial to mine at that depth for such low grades and the capex will be in the vicinity of $1-1.5blillion.
Do you forget that WA1 was what SUM is today not long ago so my argument is supported by the fact that WA1 did achieve the 166 bag give or take growth in a short amount of time.
SUM just has much more going for it with simple things like they have an active mining license with one of their assets, they will also have lots of by products they could sell to also increase cash reserves, SUM is truly in a unique position at the moment and I’m very excited
Look at the figures you have provided …. It’s infomercial to...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.543M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69824 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 176636 | 2 |
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| Last trade - 10.46am 31/07/2025 (20 minute delay) ? |
| SUM (ASX) Chart |
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