And further down the MinRes statement. So with this conversion, MinRes will have a flotation circuit with 1.5Mt capacity nearby to TG6 who has some unknown number of Million tons of high grade lithium ore that will most likely need a flotation circuit.
I guess this may lower the value of TG6's nickel assets because the nearest concentrator is much further away. It however materially improves the economics of open pit capable ore. Anything in that top 200m would appear in-scope for digging up, possibly optical ore concentration and then trucking to the MinRes concentrator. MinRes will undoubtedly take its pound of flesh but even after that there should be money to be made.
Ann: Further High Grade Lithium Drilling at Burmeister, page-69
Add TG6 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
-0.003(1.27%) |
Mkt cap ! $13.86M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $41.19K | 208.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5559 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 27707 | 4 |
View Market Depth
| Last trade - 13.51pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
19.5¢ |
Change
-0.003 ( 1.27 %) |
||||
| Open | High | Low | Volume | ||
| 20.0¢ | 20.0¢ | 19.5¢ | 55163 | ||
| Last updated 12.40pm 17/06/2024 ? | |||||
| TG6 (ASX) Chart |
