Afternoon trading December 10, page-6

  1. 11,884 Posts.
    lightbulb Created with Sketch. 1296
    SI6 target price $0.05 ?


    SI6 METALS (ASX:Si6)

    Market Cap: ~$16.6m

    SI6 Metals (ASX:SI6) has the option to buy an early stage gold project in WA called Monument, which is interesting because it is nestled between recently announced merger partners Dacian Gold (ASXCN) and NTM Gold (ASX:NTM):

    Miner Dacian will buy NTM for ~$96.4 million to consolidate its Mt Morgans operations with NTM’s Redcliff gold project, about 100km away.

    Hitting something significant at Monument could place SI6 in the crosshairs for a takeover. A first pass RC drilling program is currently in the works.
    Last edited by takizawa2: 10/12/20
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.