TMG trigg minerals limited

While it is true they have a gold resource, the reason they rose...

  1. 2,422 Posts.
    lightbulb Created with Sketch. 2973
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
Last trade - 11.42am 31/07/2025 (20 minute delay) ?
TMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.