I expect an update Monday/ Tuesday based on past announcements.
Expecting further samples and progress on Lidar and drill targets. The company is now in full flight to delineate targets and obtain drill permits. I expect them to be drilling in 5-6 weeks and results within a month after that. As I have said before, this is a large structure and it seems to be at an economic grade, at least at a small scale (people don't spend hundreds of hours mining for free). Can't wait to see what the drill bit shows. I expect we will have a very clear idea whether this project it a winner or not by October/ November.
We have had the hype, profit-taking, fear, equity raise, wash-out and consolidation. Lets see what comes next week........
SUM Chart, page-1363
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Last
20.5¢ |
Change
0.015(7.89%) |
Mkt cap ! $15.09M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 21.5¢ | 19.5¢ | $283.9K | 1.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 472801 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 8045 | 1 |
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| Last trade - 13.51pm 26/07/2024 (20 minute delay) ? |
| SUM (ASX) Chart |