Short Term Trading Weekend Lounge: 9 -11 Mar, page-17

SEI big news expected on their tungsten mine in mid march ( next week), market has completely over look it for its tungsten and thinks its just another lithium brine play,

Queensland Gass... "Net Present Value (NPV) AUD $161 million using a discount rate of 8% and an average product concentrate sales price of USD $290 per metric tonne unit (MTU)." negotiating off take agreements atm​

peciality Metals International Limited (ASX:SEI), (Speciality Metals or the Company) is pleased to announce it ​

has entered into a binding Heads of Agreement for the purchase of the Mt Carbine Quarry and Mining Leases, ML 4919 and ML 4867, with the quarry and leaseholder, Mt Carbine Quarries Pty Ltd.​

Whilst the ownership of the Mining Leases is integral to the successful development of the Company’s Mt Carbine Tungsten Project, ​

the quarry will also provide Speciality Metals with an invaluable source of cash flow from the existing quarry business.​

The associated ​

quarry infrastructure will also be of significant benefit in the development of the Company’s future mining operations.​

"​

The parties have agreed to have the Contract of Sale executed by mid-March2018​

PEER COMPARISON
SEI MC 15 million
TGN MC 270 million
GWR MC 50 million


great buying under 3 cents imo also chart looking ready to pop out from its falling wedge.