Without any doubt,everyone knows 2024 will be a busy & big year for TG6. Last year, we have already proved,we are in the right geographical location & it is just a matter of more drilling& more discoveries in 2024. However, TG6 currently way undervalued. If youare a current shareholder, let’s discuss here what are your positive thoughtsabout TG6 this year. In simple language, I will start with:-
Resources:Burmeister discovery proves theexploration methodology & provides the basis for further potentialdiscoveries in the large Lake Johnston Project area. And as fellow shareholder @Gmeistermentioned previously “Burmeister is a slice, Jagger is a family size Supreme” (Post #: 72458043).For clarifying, DYOR on TG6, it is no brainer.
Fully Funded Capital Structure:- Inthis downtrading Lithium market, we have already seen this year, few lithium companiesare struggling due to financial issues, eg. unable to secure loans, high-costingstructure. However, TG6 currently has no loans and $10.76 mil in cash. Currentlyonly a little of 71m share on issue & CR of 10mil @.75c happened 4 monthsago only. So don’t see any need of capital raising this year either, whichgives me great confidence on investing in TG6.
Even though it is speculatedthat lithium market will continue further down this year, I strongly believe lithiumcompanies like TG6’s share price will rise (ann due any time now) and in shortterm this year we will be beat our last year’s highest $1.30. Why? because we are locatedin mighty Australia where you can find world class lithium and has strict rulesand regulations (eg, not like some of the corrupted African countries). Hence bigcompanies and even countries like India, feels confident & highly interested into investing in AustralianLithium.
Source: https://www.mining.com/web/coal-india-to-bid-for-3-mines-in-critical-minerals-auctions-this-month/DYOR IMO
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Mkt cap ! $8.532M |
Open | High | Low | Value | Volume |
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14.0¢ | 7116 | 2 |
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No. | Vol. | Price($) |
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1 | 37578 | 0.120 |
2 | 30347 | 0.115 |
2 | 20500 | 0.110 |
1 | 23809 | 0.105 |
1 | 3000 | 0.100 |
Price($) | Vol. | No. |
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0.140 | 7116 | 2 |
0.145 | 20671 | 1 |
0.150 | 12100 | 2 |
0.175 | 51840 | 1 |
0.180 | 122557 | 4 |
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