SI6 33.3% 0.1¢ si6 metals limited

Hi Walter, i missed reading the announcement on the day it came...

  1. 1,315 Posts.
    lightbulb Created with Sketch. 52
    Hi Walter, i missed reading the announcement on the day it came out. I understand the little bit of disappointment that massive sulphides were not intersected, hence the lack of a market reaction. However we have been hinted that mineralisation is similar to that of  Maibele North which host Ni + Cu + Co + PGEs  So even with lower percentages of these if they are all present in assays, will come down to tonnages to be mineable and economic, So the nice intersections from 362m look very interesting. Remember BCL has vast experience over the years with deep mine deposits 1000m+ so a deeper deposit like this would not be a problem for them.
    However they will be in no rush to come to a decision to drill out a deposit like this until assays come through. My gut feeling now is all of these anomalies may be related, so we may not see massive sulphides, hope i'm wrong. I'd like  to see more large width  intersections with high grade cobalt particularly. Cobalt is on the move in an upward trend and would provide significant credits if present.

 
watchlist Created with Sketch. Add SI6 (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
-0.001(33.3%)
Mkt cap ! $4.737M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $1.11K 1.109M

Buyers (Bids)

No. Vol. Price($)
47 79029772 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 53622581 21
View Market Depth
Last trade - 10.09am 25/11/2024 (20 minute delay) ?
SI6 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.