TGN tungsten mining nl
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WA company with significant tungsten and molybderum...

  1. lemons
    1,684 Posts.
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    01/03/18
    13:48
    Post #: 31450963
    WA company with significant tungsten and molybderum mineralisation intersected in recent drilling at Mt Mulgine WA Further results due in March. Also deposits Big Hill (east Pilbara) and Kilba (250kl from Karratha)
    Cash at end Dec quarter $15.92m
    Tungsten (battery material) up 55% over the year to Dec. China closures= tightening supply
    MOU with China Fortune 500 company Xiamen (MC AUD$5b,) which gives them the right to purchase the tungsten.
    So far tested at concentrate +55% WO3
    GWR holds 12.6% TGN. Similar directors and GWR Directors are paid in shares
    There has been significant SP upside in TGN & GWR, both receiving speeding tickets.
    Today so far TGN High 54c and GWR High 30c
    Possible tailwinds are more positive drilling news and the MOU becoming a binding contract
    TGN Price at posting: 52.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
8.3¢ 		Change
-0.003(3.49%) 		Mkt cap ! $74.57M
Open High Low Value Volume
8.6¢ 9.3¢ 8.3¢ $8.603K 96.98K

Buyers (Bids)

No. Vol. Price($)
1 15670 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 1000 3
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Last trade - 16.10pm 10/09/2025 (20 minute delay) ?
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