Bit of a strange day? Some reasonably positive, if not mind-blowing news yesterday that saw the stock finish pretty much even, albeit against the backdrop of a bad day across the board for miners. Positive day for lithium and materials across the board, and the stock drops? From what I could see, most Lake Johnston Li miners and explorers had at least a slightly green day.
Does the market think that poorly of TG6s Burmeister prospect that it would take extraordinary findings to move the needle at all?
The CEO mentioned that there are similar companies with EVs 2-3 times TG6 that have similar assays, or less, and mentioned the SP was in an unfair position? Does anyone have anything more to go with that statement? Company examples and their results?
Ann: Drilling Delivers Further High Grade Lithium at Burmeister, page-40
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16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $11.37M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $28.41K | 174.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 51695 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 20729 | 1 |
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| TG6 (ASX) Chart |