Ann: Ida Valley Priority One Lithium Targets Expanded, page-38

For a circa $4.8m Mcap TG1 has six major projects in NSW and WA in metals of great variety:



Among above, the permits for Stage 3 gold drilling program for John Bull Gold Project have been received; IGO continues planning for the upcoming field season at the North Nifty JV Project in the Paterson Orogen, though Rio Tinto has withdrawn from the Joint Venture at the Harbutt Range Project (due to current Nickel price ?).

TG1 has a relatively small register still even after the recent $2.79m raise (last Nov) - circa 127.1m total SOI plus 8.2m performance rights and ~35.1m Options (among them, circa 22.6m options have exe price in 20c (exp in 2026) and 30c (exp in 2024); plus the newly issued 12.5m options ex 12c exp in 2026).

Personally i like John Bull Gold Project (from surface, relatively decent size, long intercepts though in average/lower grade; understand the stage2 drilling results were not as good as stage1 hence the sp drop at the time?):


For a company of mere $1.4m in EV?.

In at these levels for a punt in anticipation of some/possible left-field news being such large tenements with great variety in precious/base metals as well as having enough fund for the time being (enough to last three quarters to say the least?).. Pls dyor and glta.