Tmg have 135000 tons of antimony so far and WCC and Coyote will have plenty more . At Costerfields concentrate prices of $36000 US lets say $50000 Aust per ton . So that 135000 ×$50000 = $ 6.75 billion Aust in ground value for concentrate not bullion . A conservative 2% value = $ 135 million current value .Take into account that Cayote Canyon is Nth Americas largest resource and will be even larger once drilling starts .......it seems to me the current value of Tmg should be at least 10 to 14 cents so it is still significantly undervalued and even more so when access is achieved at WCC and some drilling there starts.
TMG Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
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