SUM 0.00% 19.5¢ summit minerals limited

Ann: Security Purchase Plan Offer Document, page-15

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  1. 835 Posts.
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    Doesn't look like a meaningful breakout above 2.3c is likely before the spp closes - unless SUM has some good news before the end of the month.

    Personally, i dont fully understand to what extent the recent loan/capital restructure will affect SUM's asic and, unless it's positive to the tune of >$150/oz (or more like $400 to be consistent with the bfs' asic), I have no intention of putting another cent into this.
 
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