SUM 2.70% 18.0¢ summit minerals limited

Now that the QR is in with a nice reduction in AISC,and possibly...

  1. 73 Posts.
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    Now that the QR is in with a nice reduction in AISC,and possibly more to come, EBITA will increase by 50%. Based on the original analysis, this should put the share price closer to 4.5+cps. Time will tell whether we will start seeing a 3 handle very soon. Gregory's performance bonus is looking good with one box practically ticked off so we can expect plenty of drilling in the next 12 months. Might have missed it but would be good to see result of drilling in the UG to see whether this will be extended.
 
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