The exuberance of the promoters. Speaking like a minable resource is a given and quoting prices of elements.
This is 1st step exploration, how long before they could define a minable resource? How many cap raises?
How many 'exceptional and the like' Rock chips samples lead to a mine.
Less than 1 in 100, imo.
But again, that Said, I think it's Worth a punt but let's be a bit realistic about where SUM sits.
The exuberance of the promoters. Speaking like a minable...
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Last
25.5¢ |
Change
0.035(15.9%) |
Mkt cap ! $20.92M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 26.0¢ | 22.0¢ | $263.0K | 1.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12852 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 37748 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SUM (ASX) Chart |