STTCOMP G6M FA LONG
Group 6 Metals
Mrket cap 128M
Share Price $0.18
NPV of 300M
Lodging again as I tipped too early
Also some big buys this morning taking out 17.5 and 18 and eventually 18.5,
The Americans have been sniffing around G6M to sure up supply as per four Corners report.
Group 6 metals is bringing the dolphin Tungsten mine back into production with tungsten price having moved up over recent years and one of the world's critical minerals.
Dolphin ( DTM) has the world's lowest OPEX and the highest grade in the western world.
Having had production historically this is a proven resource.
Recently a capital raise took place to handle the inflationary pressures with production due for commissioning in Q1 with first concentrate due in March.
