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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 30/11/18

1 year TSR5 year TSR
20thTungsten Mining200%34%
121stOrecorp30%26%
463rdAthena Resources-25%-12%
502ndNexus Minerals-31%-2%
553rdGulf Manganese Corporation-38%-37%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

26/07/18
$8.8m Issued
26/07/18
$8.8m Issued
26/07/18
$956k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

194th↓Tungsten Mining$249k
196th↑Orecorp$244k
197th↓Nexus Minerals$244k
199th↑Athena Resources$240k
200th↑Gulf Manganese Corporation$236k
509 listed resources companies ranked by revenue.
Source: Morningstar

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