TMG is basically the only antimony company left to be eligible for government funding and in a position to safely supply Australia/USA with antimony.
Our neighbour Larvatto just signed 100% off take agreement with Wongen which means that the Wongen will be in full control of the supply chain from Hillsgrove meaning USA and Australia may not be the end buyers.
This means that the governments won't give LRV any gov funding or at least very unlikely to give them funding since 100% of the off take is locked up with a foreign trading company that has historical Chinese relationships.
TMG remains the only company without any locked up off take agreements and given that the deposit is pure antimony + tungsten, it will be the most likely to receive government funding. LRV is also a primary gold deposit in a macro where gold is ATH, governments don't want to be seen funding gold plays since there is very little critical mineral aspect and strategic supply chain. Another win for TMG.
TMG will be in a position to supply the AUS/USA with antimony and may be a true solution to allow Australia and ally countries to secure antimony.
Near surface high grade ore means that we could DSO our high grade rocks to get into production faster. WCC was a historical mine so a near surface DSO operation can be established very quickly and cheaply. The land is already pre disturbed during its old mining days so no need to clear the fields etc. Met work is also proven with 90% recoveries done in a very simple process with no complicated flow sheets. TMG will be able to dig and sell.
We truly should have a significant value premium since everyone will be rushing to buy antimony from TMG. TMG management seem incredibly smart and with the recent appointment of ex Mandalay VP who was incharge of off takes etc from costerfield.
They have mentioned unsolicited approaches ie off takes already....
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TMG ONLY ANTIMONY PLAY LEFT TO GET GOV FUNDING + SUPPLY THE AUS/ALLIES WITH ANTIMONY
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Last
8.8¢ |
Change
-0.004(4.35%) |
Mkt cap ! $95.99M |
Open | High | Low | Value | Volume |
9.2¢ | 9.3¢ | 8.6¢ | $1.860M | 21.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 436353 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 450000 | 0.087 |
5 | 423199 | 0.086 |
10 | 610774 | 0.085 |
8 | 1710518 | 0.084 |
4 | 1532926 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 436353 | 4 |
0.090 | 379827 | 3 |
0.091 | 127823 | 2 |
0.092 | 254402 | 2 |
0.093 | 215807 | 5 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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