IG6 1.18% 8.4¢ international graphite limited

Gday Kingpin,If the assay results come back positive next month...

  1. 4,089 Posts.
    lightbulb Created with Sketch. 7166
    Gday Kingpin,

    If the assay results come back positive next month for that Northern Drilling, we are likely to get a nice mineral resource upgrade somewhere around April would be my guess

    A 50mt resource (at 6.5%) would move Springdale into the #2 Position in Australia (I do note a couple of other projects in the below are currently drilling or planning to drill, so this graph is just a snapshot of resources as is known today)

    https://hotcopper.com.au/data/attachments/4987/4987315-ab0097a4b39ca6f82e614c8d1972a6ce.jpg

    This is critical to IG6 being a key player in Australia. I have touched on previously I am a huge fan of the management team + the Downstream Plant in Collie, my one negative has always been the quality of the mine / resource

    The company is already gaining the full support of the state government (and IMO will gain support from the Feds in due course), Collie is an old coal town in WA with coal fired power stations that are winding to a close, the State Government is going to throw money at any new long term industries that will keep people employed

    Fingers crossed for the 39 RC assays next month (to go with the solid results from Sep / Oct last year) and a nice resource upgrade in April biggrin.png

    https://hotcopper.com.au/data/attachments/4987/4987324-86c86da3c1bbbe514383a08d62e2f64a.jpg

 
watchlist Created with Sketch. Add IG6 (ASX) to my watchlist
(20min delay)
Last
8.4¢
Change
-0.001(1.18%)
Mkt cap ! $16.25M
Open High Low Value Volume
8.5¢ 8.5¢ 8.4¢ $17.27K 204.2K

Buyers (Bids)

No. Vol. Price($)
3 66225 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 18029 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
IG6 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.