TOR torque metals limited..

New Dawn Lithium PTY LTD

  1. 17,235 Posts.
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    So I decided to check Geoview after today's announcement to see if tenement changes have occurred around the Baldhill mine area.  Interestingly enough there has been.

    Bloomier Resources/Liatam (previous Chinese owners of Baldhill) have surrendered nearby tenements to the east of the mine.  Tenements in this area are now hotly contented and in demand. There are over 7 applications on these two new tenements, including applications from Mineral Resources and Arcadium Lithium.

    There is also one new business entity I have not seen before - New Dawn Lithium PTY LTD

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    Looks like TOR has been laying the groundwork for some possible future options.

    1. Place all the lithium assets in this new entity and spin it out into a new listed company.  The Gold and Nickel assets will remain in TOR

    2. The New Dawn entity will host some or all the lithium assets for a possible JV agreement. TOR will then have a % ownership of this JV entity.

    Looking forward to how it plays out.  

 
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Last
29.0¢
Change
0.010(3.57%)
Mkt cap ! $152.7M
Open High Low Value Volume
27.5¢ 29.5¢ 26.0¢ $688.3K 2.453M

Buyers (Bids)

No. Vol. Price($)
2 186550 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 122852 5
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Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
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