G6M 0.00% 2.5¢ group 6 metals limited

On one hand I very surprised they have not already needed to...

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  1. 795 Posts.
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    On one hand I very surprised they have not already needed to raise cash, on the other who would give them money based on the current performance.

    I bought a small holding as an option to go long in the next raise. They have in the passed raised cash from there high net-worth holders and then given retail an option at the same price.

    Before committing cash, I would need to be connived that the plant perform issues have been resolved. The grade is in line with the BFS and recoveries are north of 60%.

    From the presentation, grade looks good, plant performance is ok and 55% recoveries are trending in the right direction.

    With a market cap of 30 million, if they can do that then they should be able to get back over a 100 million.
 
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