TG6 8.33% 19.5¢ tg metals limited

Ann: TG Metals Raises $10 Million in Placement, page-96

  1. 2,781 Posts.
    lightbulb Created with Sketch. 6079
    "Whose to say that the grades will remain high once leaving the higher anomalous area?"

    We don't know at present, but we do know there's enough promise to merit getting the DD spinning. We do know that there's also enough promise that the offer was over was oversubscribed after raising $10m. It stands to reason that lithium in soils will come from the weathered extent of pegmatites. TG6 is most likely to target where they believe a pegmatite will exist before it gets near the surface into the highly weathered zone.

    If TG6 reports high grade lithium in the zones close to or with the "pink" zones of elevated lithium in soils, the Jaegermeister drilling will absolutely light a fire under the share price. Look at the scale. These aren't 50-200m pockets of elevated soils, they are massive zone's with individual width's approaching 500m and multi-kilometer strike lengths. The little black keyboard has 200m spacing with some 400m gaps. If even some of those zones are where mineralised pegmatites surface, a considerable opportunity exists.
    https://hotcopper.com.au/data/attachments/5767/5767999-320886ba6db545e49e0552786e2e11aa.jpg
 
watchlist Created with Sketch. Add TG6 (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
0.015(8.33%)
Mkt cap ! $13.86M
Open High Low Value Volume
19.0¢ 20.5¢ 19.0¢ $23.87K 120.4K

Buyers (Bids)

No. Vol. Price($)
1 10000 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 30000 2
View Market Depth
Last trade - 15.46pm 12/07/2024 (20 minute delay) ?
TG6 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.