A heap of others across the lithium space from explorers to hard rock producers and brine projects have all been hit hard. About the only sub-category not hit hard is lithium projects under construction but yet to produce. This hasn't been hit for ASX listings because there's no activity in that space. Projects under construction have transitioned to production (or production then C&m). Those looking to get into construction haven't made it (yet). With strong growth continuing this seems likely to create a future shortfall, its just when.
I was also doubtful about whether a worthwhile gold project could be picked up at a sensible price. Until some financials are provided indicating where the commercial grade break-even points is for at and near surface gold ore its hard to know either the volume or margin that exists from at and very clse to surface gold ore. Back of hand calcs however indicate that margin should be good on a useful quantity of material, at least enough to mean the project is worth more than TG6 paid.
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TG6
tg metals limited
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Ann: Change of Director's Interest Notice x 3, page-7
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.58M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.5¢ | $18.71K | 113.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 70800 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 40134 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82126 | 0.165 |
1 | 4902 | 0.160 |
1 | 25000 | 0.155 |
1 | 100000 | 0.130 |
1 | 200000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 40339 | 6 |
0.175 | 5000 | 1 |
0.180 | 40507 | 3 |
0.185 | 20000 | 1 |
0.190 | 180000 | 2 |
Last trade - 14.09pm 28/07/2025 (20 minute delay) ? |
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