TMG trigg minerals limited

General Discussion, page-1037

  1. 1,487 Posts.
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    After a bit if research (limited lol) bought a couple of parcels for the first entry. Not that it matters but a bit of my logic:

    TA looks like a good turnaround with increasing volume; bounced off the 200; MACD crossed and increasing into the green; OBV dipped but not a sharp decline; RSI got room to move and upwards from oversold. Looks like a smooth new trajectory too not sharp ups/downs.

    https://hotcopper.com.au/data/attachments/6890/6890901-9ba515d093fb0c37d1d6df620673be1b.jpg

    Macro - antinomy price higher and going higher; gold credits (usually found with antinomy) going strong; world production decreasing and world affairs turbulent to say the least with various restrictions on trade of critical minerals etc.
    27M MC - bit of an increase lately but still lowish with 430M shares (not billions)
    Peer @LRV - Hillgrove Mine has been a graveyard for past companies but they might make it work with Au and Antinomy prices the way they are - narrow veil and hard work / high cost with surface limitations on the side of the gorge there (even though underground - portals on the other side of the gorge from the processing plant) - metallurgy problematic - $400M MC (overvalued IMO) but does show market likes the story
    @land access - has to happen as landowners/leaseholders don't own the minerals so a matter of agreement on compensation for activities/drilling etc.
    They have picked up more opportunities / leases with old workings and grades etc. so consolidating and can demonstrate economies of scale and potential
    Already have a pretty handy JORC Mineral Resource Estimate of 1.52Mt at 1.97% Sb already for 30,000t contained metal
    Bit of cash left - and some other plays of course as an explorer - they could get stretched now though.
    Anyway worth a punt IMO NFA

    GLAH
 
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9.9¢ 162911 2
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Last trade - 16.20pm 27/06/2025 (20 minute delay) ?
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