Australia's largest stock trading and investment forum Australia's #1 stock forum

TG6

Click for more information

3.70%

14.0¢ tg metals limited

So what’s the bet one will be TO by another both owning...

First 137 Last

Share
Profile

Follow
MitchInvest2018

1,153 Posts.

206

22/05/24

15:01

Post #: 73956752
Share

Originally posted by WhatsTheTip: ↑

Charger like TG6 has used a 200 by 50 soils grid. They have defined a string of 13 boundary soils of 100ppm Li2O or higher along the boundary with TG6. The whole tenement boundary for 2.4km along target D has now been defined as an anomaly.

Based purely on soils (which is a dangerous basis for an assumption!!), Target D would appear to be much bigger anomaly structure that spans tenement boundaries. Focusing on TG6's side, if you count the east-west soil anomalies below there are 20. This anomaly comes in about 1km from the tenement boundary so measuring it as a simple triangle its a surface anomaly of about 1.2 square km's. How large it is underground - nobody knows. Is there a pegmatite causing the surface soils anomaly - nobody knows. Is it possibly transported soils - that's something work through as to how likely it is.

Pegmatites are about 2.7 density so if there was a pegmatite across a 1.2sqkm area of any depth, the million ton measure gets very big very quickly. Each metre of average depth would add 3.2Mt to the size of the resource.

Expand

So what’s the bet one will be TO by another both owning potentially half of a potential lithium deposit IF there is one there

TG6 Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

FFM

Firefly positioned for copper growth in Canada ahead of resource update

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

CC9

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

There are more pages in this discussion • 78 more messages in this thread...

First 137 Last

Add TG6 (ASX) to my watchlist

(20min delay)
Last 14.0¢		Change 0.005(3.70%)		Mkt cap ! $9.599M

Open	High	Low	Value	Volume
13.5¢	14.0¢	13.5¢	$18.46K	136.4K

Buyers (Bids)

No.	Vol.	Price($)
1	89	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	103470	4

View Market Depth

No.	Vol.	Price($)
1	89	0.135
2	82631	0.130
4	100390	0.125
4	244797	0.120
2	143985	0.115

Price($)	Vol.	No.
0.140	103470	4
0.150	40000	1
0.160	121487	3
0.175	25152	1
0.180	16962	3

Last trade - 12.09pm 03/10/2024 (20 minute delay)

TG6 (ASX) Chart