A massive placement, an emerging lithium neighbourhood and tonnes of room to swim around in.
Stockhead’s Sarah Hughan sits down with TG Metals (ASX:TG6) CEO Dave Selfe to get the short end of the long story on the company’s latest news.
TG Metals announced a $10 million placement this week to advance its lithium exploration plans in Western Australia’s emerging Lake Johnston jurisdiction.
The money, dished out at 75c/share, will supercharge the company’s works at the Burmeister prospect within its aptly named Lake Johnston project.
“The placement is going to allow us to be more flexible with our current drilling programs on site – it will allow us to do more diamond drilling earlier than what we would otherwise be able to,” Selfe told Stockhead TV.
Tune in to hear TG Metals’ Dave Selfe discuss Lake Johnston, the company’s current drilling timeline and an upcoming soil sampling program to the east of Burmeister.