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4.17% 2.5¢ group 6 metals limited

KIS is now strategically important to the US military, page-18

  1. scottm
    2,152 Posts.
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    05/02/21
    18:26
    Post #: 50750367
    Agree it's important to DYOR.

    EQR says (annual report) they have 59m tonnes indicated and inferred with 6.8m mtu of tungsten. Plus other areas to drill.

    They are looking to change the grade by drilling King Veins rather than digging up the whole deposit. This will reduce the Capex and increase the grade.

    There is plenty of room for multiple producers.
    KIS Price at posting: 23.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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