G6M 1.89% 2.6¢ group 6 metals limited

TUNGSTEN VS KIS

  1. 2,775 Posts.
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    Someone just showed me a chart on the price of tungsten vs the price of KIS. It's uncanny imo.

    Now put that into the fact that we know now that KIS is almost guaranteed to receive all funding to get this into production from their connections and government grants..

    With a NPV of 284m (correct me if im wrong) = $1SP from where we are now, with the possibilities of expanding that NPV with expansions and increasing prices of tungsten etc.. We could be looking at $2 within the year imo.
    https://hotcopper.com.au/data/attachments/3017/3017020-86a66f9647c65075593346e0c30d8d70.jpg
    https://hotcopper.com.au/data/attachments/3017/3017023-9b5e7eecaa1d7b4f021b24b529e8a6ab.jpg
    Last edited by OnlyTheBest: 19/03/21
 
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