Just thought I would start a thread for some research and to compare TLG with SYR.
I have watched the sector for a while, but mainly stood on the sidelines. I have bought into TLG as it looks very no brainer compared to its peers.
SYR has had a stellar run and is now got a fully diluted market cap around $160m. TLG at 70c has a cap around $35m. I am trying to compare the two.
TLG has a resource at Nunasvaara of 3.6mt at 23%. It is 700m long but is mapped over 15km. They quote it as being the highest grade in the world.
SYR don't have a resource estimate yet and their samples average 14.5% at Balama.
Has their been another reason for the SYR price movement?
tlg ($35 cap) vs syr ($160m cap)
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Last
42.0¢ |
Change
0.015(3.70%) |
Mkt cap ! $182.2M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 44.0¢ | 40.0¢ | $284.1K | 672.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 26507 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 91830 | 9 |
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| Last trade - 15.17pm 09/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |