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30.6%

4.7¢ trigg minerals limited

Ann: Trigg Mining Investor Presentation, page-9

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brotherprinter

450 Posts.

156

17/11/20

21:02

Post #: 48942482
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Originally posted by Slimbo79: ↑

I'm a happy holder here and definitely see good upside, but don't forget that most of the other players are significantly more advanced than Trigg and have raised significantly more equity to get there.

Trigg has a long process to go through from here (permits, off-take, finance etc) whereas some of the others (eg SO4 and KLL) are very close to actual production now.

To do a like for like comparison I think you need to assume that Trigg will need to issue say 3x more equity, in which case the market cap is effectively c$50m, not $12m. Still great upside when looking at the others, but it's not as great as just looking at the current market caps would suggest.

Consider too that Reward, with probably the best resource of the lot (when considering both size and grade) and full environmental approvals only has a market cap of c$25m. Trigg's assets are much better located logistically, so construction etc should be much quicker, but if you think that Trigg is good value it might be worth looking at Reward too.

For disclosure I'm in Trigg, SO4, Kalium and Reward

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Thanks, will do

TMG Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.7¢		Change 0.011(30.6%)		Mkt cap ! $30.20M

Open	High	Low	Value	Volume
3.8¢	4.8¢	3.6¢	$5.065M	120.0M

Buyers (Bids)

No.	Vol.	Price($)
5	1342482	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	200000	1

View Market Depth

No.	Vol.	Price($)
5	1342482	0.047
5	2275739	0.046
6	2112000	0.045
7	5994708	0.044
7	997935	0.043

Price($)	Vol.	No.
0.048	200000	1
0.049	1400542	10
0.050	325323	2
0.051	1340000	3
0.052	740000	2

Last trade - 16.10pm 28/10/2024 (20 minute delay)

TMG (ASX) Chart