G6M 0.00% 2.7¢ group 6 metals limited

ill bet their tailing storage facility land is chock a block...

  1. 1,520 Posts.
    lightbulb Created with Sketch. 2340
    ill bet their tailing storage facility land is chock a block full of world class tungsten too, and I think they own all the land between them and the port which was originally built for the mine anyway. that land is probably full of tungsten too. and the deeper they go down the higher the grades seem to be. -that compensates for the extra cost.

    if they keep drilling they can keep increasing the resource, which will increase both the NPV into several hundreds of millions, plus increase he mine life to a potential 25 maybe even 30 years. then the pe on prospective earnings can go up. Then post covid tungsten price should rally from its lows.

    I see a Disallowed written all over this stock in time.
 
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Last trade - 15.58pm 27/06/2024 (20 minute delay) ?
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