I'd imagine all the the easy finds with big lithium deposits over 100t have been found. A lot of the big lithium mines were previous tantalum deposits which often coexists with lithium so it's easy to explore if you know it is likely there.
At this point in time a lot of explorers will be pivoting out of lithium as it's is in a bear market. However I've heard that over the last decade, lithium has been the best performing metal for 4 of those years and also the worst for 4 of those years. So with a growing immature market we can expect massive price swings as supply and demand try find a level.
Whats going to happen as soon as the price of lithium swings up again? Bigger companies are going to look for upcoming juniors to acquire to get in market again, however with juniors pivoting away from lithium now not many will be available. I'm glad tg6 is sticking with it, it's still early days for Jaegar. They've found lithium over a strike of over 1km again. It could have a big source.
gltah!
- Forums
- ASX - By Stock
- TG6
- Ann: Investor Presentation - RIU Gold Coast Resources Showcase
Ann: Investor Presentation - RIU Gold Coast Resources Showcase, page-161
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TG6 (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $9.599M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $2.7K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 54194 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 40 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54194 | 0.130 |
3 | 58332 | 0.120 |
2 | 53985 | 0.115 |
2 | 54454 | 0.110 |
4 | 87300 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 40 | 1 |
0.140 | 4000 | 1 |
0.150 | 40000 | 1 |
0.155 | 4500 | 1 |
0.160 | 70859 | 2 |
Last trade - 14.43pm 13/09/2024 (20 minute delay) ? |
Featured News
TG6 (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online