TCG 2.70% 19.0¢ turaco gold limited

I think targeting 5Moz is fairly reasonable based on what we...

  1. 1,112 Posts.
    lightbulb Created with Sketch. 320
    I think targeting 5Moz is fairly reasonable based on what we already know. I'm no expert in dealing with refractory orebodies, other than its definitely possible but clearly less appealing than free-milling one's. I feel as though the refractory component is less of a handbrake on the current sp compared to not being able to report a JORC resource on the project. There are probably insto's etc. wanting to get in, but are mandated by only being able to invest in companies that meet reporting requirements etc. Once we have a JORC resource we can report, let's see what happens.

    Re the future of TCG and Afema, we would basically have to guess what their intentions are. Justin did a deal with PRU when he was at Exore, but I dont think that sets a precedent, as the Bagoe project was small scale compared to Afema. Personally I'd rather they take it to pfs and dfs stage at a minimum, as any offer prior to that is likely going to undervalue the assets.
 
watchlist Created with Sketch. Add TCG (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
0.005(2.70%)
Mkt cap ! $138.3M
Open High Low Value Volume
18.5¢ 19.0¢ 18.5¢ $11.44K 61.56K

Buyers (Bids)

No. Vol. Price($)
8 313026 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 149191 4
View Market Depth
Last trade - 14.01pm 18/06/2024 (20 minute delay) ?
Last
19.0¢
  Change
0.005 ( 2.70 %)
Open High Low Volume
18.5¢ 19.0¢ 18.5¢ 23337
Last updated 14.01pm 18/06/2024 ?
TCG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.