Time will tell. Yes money is the problem so the question is whether Merdeka has enough confidence in SUM's assets in the ground. Don't think there is enough confidence from the public. I think the mine will be profitable with power connection to the grid and with the improved POG so consideration is how good the reserves are. Track record here is not the best.
Ann: Operations Update and Request for Continued Suspension, page-22
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SUM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
0.035(21.9%) |
Mkt cap ! $23.19M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 19.5¢ | 16.0¢ | $124.9K | 699.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24875 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 58488 | 2 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| SUM (ASX) Chart |
