ACP is the largest and highest-grade undeveloped Sb project in the USA
Valuation = just $659 per tonne, vs ~$28k for PPTA
Only primarily antimony-focused resource company
Dual exposure to U.S. & Australia — both Tier-1 jurisdictions
Exploration target at WCC could be at least 100kt Sb resource
Plans underway for vertical integration (smelter)
PPTA has lower-grade Sb (~0.06%) but trades at $1.87B cap, UAMY has no Sb resource and still trades at ~$486M, TMG has more Sb than both combined, at much higher grade, and still trades under $90M?
The world’s running out of antimony.
China is stepping back.
The U.S. is desperate.
TMG already has the supply. Valuation reset is coming.
TMG Price at posting:
9.7¢ Sentiment: Hold Disclosure: Held
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