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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 31/01/18

1 year TSR5 year TSR
35thTungsten Mining400%6%
141stSabre Resources100%-31%
563rdGraphex Mining-19%0%
694thGreenland Minerals and Energy-40%-23%
709 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

265th↓Greenland Minerals and Energy$49k
266th↑Sabre Resources$49k
267th↓Tungsten Mining$49k
269th↑Graphex Mining$47k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Tungsten Mining

683rdGary Lyons$60k
844thJimmy Lee$50k
1047thWai Chuen Chew$40k
Ranked by total remuneration from all listed WA companies

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