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.
- Forums
- ASX - By Stock
- World class Tungsten Production
ill bet their tailing storage facility land is chock a block...
-
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add G6M (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
-0.002(6.00%) |
Mkt cap ! $23.59M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.3¢ | $13.28K | 554.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1106419 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 450000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1106419 | 0.023 |
4 | 2398177 | 0.022 |
1 | 47615 | 0.021 |
6 | 189995 | 0.020 |
1 | 90000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 450000 | 2 |
0.028 | 576871 | 2 |
0.029 | 34515 | 1 |
0.030 | 294711 | 5 |
0.032 | 203000 | 3 |
Last trade - 13.46pm 13/09/2024 (20 minute delay) ? |
Featured News
G6M (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online