TG6 0.00% 13.5¢ tg metals limited

Ann: Investor Presentation - RIU Gold Coast Resources Showcase, page-159

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  1. 4,645 Posts.
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    $8.5m MC doesn’t seem right however? and has 133% to catch back up to its SP of 3 months ago,wow on the back of what looks to be fairly good results. Car and battery manufacturers have got the lithium industry in a vice and the loosening might not happen until sales are 100% EV’s and ICE competition is nil, only then will prices for finished product and minerals recover and the largest and last ones standing will be the beneficiaries after massive consolidation in the ownership of producing mines. There will still be room for explorers but the urgency will not be likely therefore the reluctance for true value bidding on newly discovered resources or at least until shortages and mines begin to run dry, 2030 and on.
 
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