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Sweetmole

3,905 Posts.

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02/05/24

12:47

Post #: 73629088
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Originally posted by coto: ↑

Brazil seems to be kicking along beautifully. We should start to see plenty of assay results trickle in during the next 3-4 weeks.

The different rhetoric at the end of both the Botswana Projects Section and WA Monument Project Section are interesting...

Botswana Projects: "A strategic review of the Botswana portfolio is currently being undertaken by company management."

Monument Gold Project: "SI6 is currently investigating a range of options to further advance the Monument Gold Project."

It sounds to me like Botswana is called, and they are ready to sell or divest in one way or another. Whereas Monument is very well still in the picture which is no surprise at current record AUD gold prices and a current resource of 3.275Mt @ 1.4g/t Au for 154,000oz Au (JORC 2012). At the current AUD gold price of $3600 per ounce that is $554,400,000 of in-ground value with only upside ahead with more drilling.

Perhaps the options include a JV or major investor/farm-in? Either way it is a good sign they are keeping it and wanting to advance it.

With the value of our assets its crazy to look at our current market cap of just $7M!

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no shame

SI6 Price at posting: 0.3¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.1¢		Change 0.000(0.00%)		Mkt cap ! $2.368M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
20	57820177	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	25489458	15

View Market Depth

No.	Vol.	Price($)
20	57820177	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	25489458	15
0.003	8543338	6
0.004	1250000	1
0.005	5425000	2
0.006	6666666	1

Last trade - 10.08am 04/10/2024 (20 minute delay)

SI6 (ASX) Chart

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