TG6 0.00% 27.0¢ tg metals limited

Well yes and no. The others above are Azure, Wildcat and with...

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    Well yes and no.

    The others above are Azure, Wildcat and with decimal point rounding Bald Hill and Yinnetharra.

    Wildcat (WC8) has released an JORC resource of 119.2Mt @ 1.0% from its Leia deposit (5 March) so its technically correct that they didn't have this announced at 23 Feb 2024 but getting iffy for a May 2024 report.

    Azure has released an exploration target of 100-240Mt @ 1.0-1.5% so if you are including exploration targets for TG6 why not like-for-like and have Azure on there as well?

    Re roundings. All three do round to 0.6 but TG6 (at 1.19%) would be the lowest of the 3. If TG6 were to come in 20.1Mt at 1.3% they would be 0.646 and remain ahead of Bald Hill/Yinnetharra. With MinRes working at Bald Hill and Delta working at Yinnetharra, both are likely to change in 2024:
    • TG6 = 20.1 * 0.0119 * 2.473 = 0.5915
    • Bald Hill = 26.5 * 0.0096 * 2.473 = 0.6291
    • Yinnetharra = 25.7 * 0.010 * 2.473 = 0.6356
    Last edited by WhatsTheTip: 08/05/24
 
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