JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Sky Metals Limited

SKY·$0.13·$175.1M cap
Multi-Metalalso:Tallebung Tin-Tungsten-Silver Project (~70km NW of Condobolin, central-western NSW, Australia) Map

Sky Metals Limited (formerly Planet Gas Limited, renamed June 2019; Orange, NSW-headquartered) is advancing the 100%-owned Tallebung tin-tungsten-silver project, a historic tin mining district in central-western NSW first worked in the 1890s. A pre-feasibility study (PFS) outlines a 3 Mtpa open-pit operation with an ~7-year initial mine life, producing an average 2,040t tin, 31,700 mtu WO3 and 315,000oz silver per year; pre-production capital of A$138.8M; pre-tax NPV at an 8% discount rate of ~A$438M and pre-tax IRR of 69%, with capital payback under 17 months. An updated Mineral Resource Estimate (13 Jul 2026) and progress into NSW's State Significant Development approval process support a near-term development timeline. Cash balance of A$17.6M at 30 Jun 2026. Commodity recorded as OTHER (tin/tungsten primary product, not gold) to reflect the project's real economics, correcting the UniverseCandidate row's best-guess GOLD tag; silver recorded as a secondary/byproduct commodity.

Notable vs. Peers

  • Jurisdiction risk score of 9/10 is meaningfully safer than the peer average of 7.3/10.

Lifecycle Milestones

Grassroots
Resource Def.
PEA
PFSCurrent
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
4.7/10
Weaker depositStronger deposit
7.9/10
Weaker profileStronger profile
Price Chart
$0.049$0.049$0.12$0.173$0.13AugNovFebJunSep
Aug 12, 2025Sep 4, 2026
News
$0.13
+195.3%from low-34.6%from high
$0.04$0.20
$175.1M
Far belowFar above
$13.5M median
Price (USD - Local)
$0.13 - AUD 0.18
Cash Position (USD)
This company's data hasn't been researched yet
Debt (USD)
This company's data hasn't been researched yet
$175.1M
Far belowFar above
$14.3M median
992.3M
Far aboveFar below
255.7M median
Jurisdiction
Australia
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
N/A -- PFS-stage, no active mine
7 yrs
Far belowFar above
22 yrs median
All-In Sustaining Cost
@8%$309.2M(at $45,000/t Sn)
Far belowFar above
$687.6M median
0.57x
Far aboveFar below
0.19x median
This company's data hasn't been researched yet
Not enough peer data yet
$45,000/t Sn
69%Clears Durrett's 25% developer bar
Far belowFar above
26% median
31.7%
0%100%
27% median
This company's data hasn't been researched yet
241 kmfrom Newmont Corporation's Cadia
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
3.9/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+14.5% since 2026-08-12

Your Rankings

Community Sentiment
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Management Team

Joined Sky Metals as geologist in 2019, progressed to Exploration Manager (2021), CEO (early 2022), Managing Director (Sept 2024). Previously with Evolution Mining and Alkane Resources on NSW discoveries.

Executive Chairman of Nickel Industries Limited since 2023. BEcon, University of Sydney (1970). Over 40 years in full-time management of natural-resource companies in Australia and internationally, having chaired numerous public mining companies. Real, documented exit: Chairman of Bolnisi Gold NL (1994-2007, also chairing the related Palmarejo Silver & Gold ULC from 2005) through their combined ~US$1.1bn acquisition by Coeur d'Alene Mines Corporation, completed 21 Dec 2007. Currently also Executive Chairman of Fulcrum Lithium Ltd. (founder, since 2023) and Chairman of Alpha HPA Limited, Minerals Exploration Limited and Sky Metals Limited (concurrent roles, not scored). Earlier chairmanships at Kings Minerals NL (2001-2010), Viking Gold Corp. and San Anton Resource Corp. (2006-2010) -- real companies, no confirmed outcome found this pass, left un-scored rather than fabricated.

30+ years in the mining sector spanning operations, commercial management, and project development; qualified mining engineer, former COO at PYBAR Mining Services.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

No producer, specialist resource fund, or clean on-market insider buying was found for Sky Metals. Executive Chairman Norman Seckold's largest disclosed holding movement was participation in new shares issued by the company (a placement-style acquisition), not a secondary-market purchase, and no other named holder above 5% reads as a resource specialist.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.