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3.85%

5.0¢ tungsten mining nl

Ann: Infill drilling confirms bulk tonnage potential, page-7

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PickmeAmonkey

2,706 Posts.

149

19/11/19

11:32

Post #: 41503693
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Originally posted by vcr999: ↑

SEI just massively devalued their company with a ridiculously low 1.8 cent cap raising ,they nearly have 1 billion shares on issue.After the next quarter they will be low on cash if you read yesterdays AGM report they are still spending money on their failed lithium brine project in Chile and their Gold projects.The tungsten price is still low for their low grade tailing program to make money.I was a top 8 share holder at SEI and sold out due to very poor management who are still there making mistakes. TGN are building a proper bullet proof project with 100% focus on tungsten unlike SEI's lithium and Gold distractions while running low on cash. While TGN have $33,000,000 left sitting in the bank from when they raised $47,000,000 at 34 cents per share not a silly 1.8 cent cap raising price in SEI's case. CHEERS

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Happy to discuss SEI's pro's and con's on that forum.

Even though it hasn't moved the SP definitely a solid announcement for TGN. I wonder if they are still looking for a JV partner to develop Mt Mulgine?

TGN Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 5.0¢		Change -0.002(3.85%)		Mkt cap ! $39.32M

Open	High	Low	Value	Volume
5.2¢	5.5¢	4.8¢	$40.33K	806.8K

Buyers (Bids)

No.	Vol.	Price($)
1	4028	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	356491	1

View Market Depth

No.	Vol.	Price($)
1	4028	0.048
1	100000	0.040
1	1000000	0.030
1	200000	0.020
1	272473	0.019

Price($)	Vol.	No.
0.056	356491	1
0.061	3665	1
0.068	23004	1
0.069	100000	1
0.073	15000	1

Last trade - 15.43pm 31/07/2024 (20 minute delay)

TGN (ASX) Chart