SI6 50.0% 0.2¢ si6 metals limited

<$1M EV Vanadium, Battery shell

  1. 23,832 Posts.
    lightbulb Created with Sketch. 725
    Have been accumulating these, currently trading at all time lows and super capitulated

    si6chart.png

    $2.3M market cap, $1.4M cash and already has exposure to both lithium and vanadium

    Since they scraped the Mirroplex deal the market has dumped them to essentially scrap value, trading at <$1M EV

    There are shells kicking about at $10-15M market caps simply because they have confirmed they are on the hunt for certain assets

    IMO it would be ideal for SI6 to either acquire a Vanadium asset or a speccy elephant gold punt, both the Vanadium chart and Aussie gold price look red hot, trading at or close to all time highs

    goldchart.png

    IMO the stock is only so cheap because they have not confirmed to the market they are on the hunt for anything exciting ...

    If management were to confirm they are in active discussions to acquire a V and Au based asset in whatever region, then I think the market cap would quite easily sit between $3-5M here

    A simple update to remind punters something is happening here and this is 1c+
 
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Last
0.2¢
Change
0.001(50.0%)
Mkt cap ! $4.737M
Open High Low Value Volume
0.1¢ 0.2¢ 0.1¢ $163 128.7K

Buyers (Bids)

No. Vol. Price($)
49 82350285 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 55387793 24
View Market Depth
Last trade - 10.22am 06/11/2024 (20 minute delay) ?
SI6 (ASX) Chart
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