SUM 0.00% 19.0¢ summit minerals limited

At the end of the day most attention of late (wrongly or...

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    At the end of the day most attention of late (wrongly or rightly) has been fixated on Ecuador (in Brazil), which is probably fair enough.

    It is easy to forget we have approx. $4.5 million in cash and 7 Million pounds of Uranium at Stallion and Manhatton. These assets alone should pretty much underwrite our current SP/MC, but have seemingly become the ugly ducklings of the family.

    The reality is that the Brazillian assets offer so much potential upside that those assets now pale in comparison. Yet all the attention has only fallen on Ecuador (in Brazil), and probably makes sense, given the 'low hanging fruit situation'.

    But we are not a one project shop! There are many projects, tenaments, and potential. Dig a bit deeper (yes you) and gain some perspective.

    Doesn't suit an approx. $18 million AUD MC in my book, but that's just me!

    IMHO / DYOR
    Last edited by MicroNova2035: 06/09/24
 
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