I think the comparison between RML's Horse Heaven and TMG's Antimony Creek Project (ACP) really highlights the difference between hype and substance. While RML’s recent announcement has generated some excitement, it’s important to look deeper into the fundamentals. PPTA’s antimony grade is only around 0.02%, which is extremely low by industry standards. That sort of grade would require enormous CAPEX to even consider mining, and realistically, this project isn’t expected to be viable until close to 2030.
In contrast, TMG’s ACP project already has a huge history resource of 102,000 tonnes of contained antimony, with an average grade of 0.75% Sb. That’s almost 40 times the grade of PPTA. TMG isn’t just sitting on an idea—it already has a substantial high-grade resource in hand, with plenty of upside as the area is still open in all directions and drilling is imminent. This is the kind of project that can attract real strategic interest, especially given the increasing global demand for critical minerals like antimony.
There’s also the issue of dilution and leadership. RML has a lot of shares and options about to hit the market, which could put pressure on the share price.At the end of the day, grade and scale matter more than slick marketing. RML’s story might play well to momentum traders in the short term, but if you’re after real value and leverage to antimony, TMG stands far ahead on every metric that matters.
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TMG
trigg minerals limited
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I think the comparison between RML's Horse Heaven and TMG's...
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Last
7.4¢ |
Change
-0.008(9.76%) |
Mkt cap ! $68.91M |
Open | High | Low | Value | Volume |
8.4¢ | 8.5¢ | 7.1¢ | $2.946M | 37.77M |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 618838 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.5¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 100140 | 0.074 |
3 | 624000 | 0.073 |
9 | 1646792 | 0.071 |
10 | 832114 | 0.070 |
5 | 168781 | 0.069 |
Price($) | Vol. | No. |
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0.075 | 500000 | 1 |
0.076 | 120000 | 3 |
0.077 | 230000 | 2 |
0.078 | 97830 | 1 |
0.079 | 342462 | 3 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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