G6M 3.57% 2.7¢ group 6 metals limited

KIS is now strategically important to the US military, page-16

  1. 72 Posts.
    lightbulb Created with Sketch. 7
    Spot on - there's a few people here who have been holding a fair while. First got onto the radar around mid 2018 so this price action has been a long time coming. For those who are new it's what we've been waiting for:

    Key milestone 1: Financing
    Funds required (I can't remember exactly) $70m

    To get this rolling they needed security for investors through contracts/agreements with two major buyers who have agreed to purchase up to 70% of the yield.

    Tassie government has now jumped in and offered up the initial $10m.

    Next milestone: Secure the rest of funding, then the mine can start to operate/supply.

    Overlay the global need for strategic metals not provided by China and this is a pretty good investment even for those coming in a bit later. I have topped up again at 22c.
    Last edited by SeanBear07: 05/02/21
 
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2.7¢
Change
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Mkt cap ! $27.10M
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2.9¢ 3.0¢ 2.7¢ $6.167K 215.4K

Buyers (Bids)

No. Vol. Price($)
2 82037 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 92000 2
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