We are used to talking about high risk/high reward companies - but this takes that to another level.
Risk is somewhat mitigated by the number of separate projects in Brazil, and for me the continuing involvement and obvious enthusiasm of the vendor, who probably accumulated over a considerable time period.
Reward though just blows the mind when you consider how WA1 appreciated as their Luni discovery developed (and continues to do so)
But if WA1 can do it in West Australia, consider the chances for SUM in Brazil (the home of niobium) and with abundant arsenal mines in the project areas.
GL all DYOR.
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26.5¢ |
Change
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Mkt cap ! $21.75M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 26.5¢ | $256.6K | 931.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14431 | 26.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 15634 | 1 |
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