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Tungsten plans $4.2m capital raising

Belmont-based junior Tungsten Mining hopes to raise about $4.2 million through a heavily discounted share placement and entitlement offer to fund engineering studies at its Kilba tungsten project in the Gascoyne.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
5thTungsten Mining1940%30%
229thSheffield Resources48%17%
746thMetalsTech-53%0%
813thCaeneus Minerals-75%-32%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

23/12/16
$50k Issued
23/12/16
$50k Issued
23/12/16
$50k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

267th↓Tungsten Mining$49k
316th↑Caeneus Minerals$14k
318th↓Odin Energy$13k
320th↓Sheffield Resources$12k
321st↑MetalsTech$11k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Tungsten Mining

623rdGary Lyons$60k
777thJimmy Lee$50k
965thWai Chuen Chew$40k
Ranked by total remuneration from all listed WA companies

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