I am Long on this,
My reasons are that:
SUM has announced it plans to bulk Sample and Drill ASAP,
And has put in the permit to Bulk Sample.
They should be Drilling and Bulk Sampling this Quarter.
ENR went 94% on Drill Results to a $272M MC
ENR is now a $343M MC
SUM has a $17.7M MC
That means it has to go
15.3 x it's current MC to hit what ENR did the day of drill results,
19.2 x to reach ENR's MC Today.
SUM also has Tantalum and Tourmaline,
Which ENR Does not have.
In fact due to the Tantalum,
It is possible that the combined value could be 3.5 times more per Kg.
Given that Tantalum can be worth around 5 times Niobium.
Then there's the Tourmaline,
Which can be worth an absolute fortune,
While Paraiba Tourmaline where SUM's ground is can reach $50000 USD per carat !!!!
Which is $373 Million a kg.
Anyway point is 12 weeks isn't that long to wait,
For such large potential gains....
Sandro is a leading expert in Niobium,
And I expect he will produce the goods !!!!![]()
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Last
21.5¢ |
Change
-0.015(6.52%) |
Mkt cap ! $17.64M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 20.5¢ | $202.5K | 937.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 20000 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 5357 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 20000 | 0.210 |
4 | 67302 | 0.205 |
10 | 207488 | 0.200 |
2 | 5133 | 0.195 |
2 | 60000 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 5357 | 1 |
0.225 | 20000 | 1 |
0.230 | 100385 | 1 |
0.235 | 15000 | 1 |
0.240 | 37500 | 3 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
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