explain to me why the market is shying away from TGM. At current gold prices, the post tax NPV is approaching AUD$400m with a very attractive IRR >70%. There are not too many projects with economics this good relative to the market cap. Maybe its the South Africa power supply issues?
What are the risks with the sprott financing, is this locked in or is there still some contracts/agreements to be signed off on?
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TGM
theta gold mines limited
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5.41%
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17.5¢

explain to me why the market is shying away from TGM. At current...
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Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $162.9M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.5¢ | $13.58K | 74.80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 172983 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 251196 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 161483 | 0.175 |
5 | 38590 | 0.170 |
3 | 116119 | 0.165 |
5 | 117142 | 0.160 |
3 | 60955 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 251196 | 3 |
0.190 | 100302 | 3 |
0.195 | 90000 | 2 |
0.200 | 70000 | 2 |
0.205 | 401259 | 4 |
Last trade - 12.25pm 29/07/2025 (20 minute delay) ? |
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TGM (ASX) Chart |