SEI 0.00% 2.9¢ speciality metals international limited

At this point. It's just more sellers than buyers. Sellers will...

  1. 613 Posts.
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    At this point. It's just more sellers than buyers. Sellers will eventually run out at these levels, but happy to be a buyer.

    The VML guys cant work out why their stock is trading below the TGN offer price, so it's a strange market for small cap resources unless you're in favour.

    We will have a quarry worth $5m? producing cashflow and a mining lease worth $15m to $30m?

    Plus additional resource to drill out AND a ready made stockpile to process.

    With TGN having a Chinese offtake agreement, doesn't leave too many non Chinese/Russian tungsten deposits around the world.

    Our turn will come.

    The next cab, some lithium drilling.

    So, a market cap of $12m looks pretty cheap.
 
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