While it is true they have a gold resource, the reason they rose to prominence was because of the Antimony and the grants provided by U.S. federal government mechanisms.
Take for example, the US$75m in grants to progress the project. That was followed by a US$1.8bn loan from EXIM bank, which is the official export credit agency of the United States.
Without U.S. gov support, they would have never raised that capex ($US1.8bn) for the project. It only happened because of their antimony resource, which is of critical importance to the United States military-industrial complex.
The federal government has ensured rapid progress of approvals to progress the project in addition to funding support.
Likewise, I envision TMG being afforded the same levels of support from the U.S. government because they require local redundancy in their Antimony supply -- being a major manufacturer and exporter of military equipment and for their own national security.
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TMG
trigg minerals limited
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8.7¢

While it is true they have a gold resource, the reason they rose...
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Last
8.7¢ |
Change
-0.002(2.25%) |
Mkt cap ! $94.90M |
Open | High | Low | Value | Volume |
9.1¢ | 9.1¢ | 8.6¢ | $814.5K | 9.365M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35000 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 578195 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60000 | 0.086 |
25 | 2150190 | 0.085 |
13 | 5042945 | 0.084 |
11 | 3633672 | 0.083 |
9 | 2812850 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 578195 | 6 |
0.088 | 1020100 | 8 |
0.089 | 710185 | 3 |
0.090 | 1266752 | 7 |
0.091 | 975297 | 8 |
Last trade - 11.42am 31/07/2025 (20 minute delay) ? |
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TMG (ASX) Chart |