SI6

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0.2¢ si6 metals limited

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Walter123

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31/08/17

14:27

Post #: 26899539
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Originally posted by Walter123 ↑

Have a look at these prices. BCL will be becoming more attractive and the liquidation should, one would think, soon go on to produce a JV partner for BML, as the Maibele North resource becomes more and more valuable. Being a resource with reasonable grades including cobalt, and being open in most directions, with a JORC resource already proven, it has to be attractive to companies wanting to get into a proven nickel /copper/cobalt region at what will probably be a reasonable entry cost. Add to this the good grades already encountered at Airport Copper and Daibete prospects aided by the recent announcement of drilling to follow up these latter prospects and potential is there.
Another positive point is the large increase in numbers of buyers lined up at the current minimal share price, and it will be interesting to see how things go from here......at 0.001
you would think there is little risk of further falls....of course the spectre of a consolidation is there due the number of shares, but even were the SP to rise eventually to 1 cent, the Mkt cap would still only be some $18m. for a company which still owns at least 60% of a JORC resource which I see as being worth over US$300M in the ground, and this only using some of the done drilling , with no mention of their other prospects.

I have stated before I am not a geologist nor am I in any way - beyond investing experience - qualified to be didactic about mineral resources or outlooks, but I can read, and I can see when something has more value than it is being credited with having. I am simply of the view this stock is not as bad as its current share price seems to indicate.

Cobalt Prices and Cobalt Price Charts

Cobalt Price 27.22 USD/lb (59,999.91 USD/t | 50,826.22 EUR/t) 23 Aug 2017 - 52 Week Low 11.57 USD/lb 52 Week High 27.90 USD/lb

Nickel now over 5 and a quarter cents/lb, Copper over 3 cents.

Have a good weekend.
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Nice to see cobalt back at it's recent high, US$ 27.90/lb.

The posts of Kitco and Infomine price charts are very cool, continually updating themselves after posting....easy reference.

InfoMine > InvestmentMine > Metal Prices > Cobalt Cobalt Prices and Cobalt Price Charts

Cobalt Price 27.90 USD/lb (61,499.93 USD/t | 51,776.79 EUR/t) 29 Aug 2017 - 52 Week Low 11.57 USD/lb 52 Week High 27.90 USD/lb

Have a nice day all.

BML Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $4.737M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
44	79769666	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	54622575	23

View Market Depth

No.	Vol.	Price($)
53	217058794	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	22295754	26
0.003	14364874	16
0.004	18041053	16
0.005	4483914	12
0.006	7843276	6

Last trade - 16.12pm 22/11/2024 (20 minute delay)

SI6 (ASX) Chart

***************************************************** Nice to...

Top Stories

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

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Buyers (Bids)

Sellers (Offers)