TG6 5.00% 21.0¢ tg metals limited

And further down the MinRes statement. So with this conversion,...

  1. 2,520 Posts.
    lightbulb Created with Sketch. 5247
    And further down the MinRes statement. So with this conversion, MinRes will have a flotation circuit with 1.5Mt capacity nearby to TG6 who has some unknown number of Million tons of high grade lithium ore that will most likely need a flotation circuit.

    I guess this may lower the value of TG6's nickel assets because the nearest concentrator is much further away. It however materially improves the economics of open pit capable ore. Anything in that top 200m would appear in-scope for digging up, possibly optical ore concentration and then trucking to the MinRes concentrator. MinRes will undoubtedly take its pound of flesh but even after that there should be money to be made.

    https://hotcopper.com.au/data/attachments/6038/6038197-3c82b993c0b5077cf3152c9459375093.jpg
 
watchlist Created with Sketch. Add TG6 (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
0.010(5.00%)
Mkt cap ! $11.35M
Open High Low Value Volume
20.5¢ 21.0¢ 20.5¢ $24.92K 119.5K

Buyers (Bids)

No. Vol. Price($)
1 18603 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 2300 1
View Market Depth
Last trade - 14.45pm 26/04/2024 (20 minute delay) ?
TG6 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.