yes i agree. Both gold and Lithium should do well long term.
I remember @WhatsTheTip saying that each Mt of Li in the ground was worth $10 mill at the peak. So Burmeisteir would have been worth $200 million in 2022.
At least with the gold there will be revenue to fund further exploration for either gold or Lithium. In each case they are looking for open pit resources so sub 250m unless they find something fantastic. A few mill can go a long way if they're just doing RC drilling to 250m. Hopefully the shares on issue never go beyond 100 million.
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Last
16.0¢ |
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-0.015(8.57%) |
Mkt cap ! $13.17M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 16.0¢ | $60.30K | 345.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50806 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 7000 | 1 |
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| Last trade - 15.48pm 18/07/2025 (20 minute delay) ? |
| TG6 (ASX) Chart |