Atrium Research Maintains BUY Rating on TM.v Atrium Research recently shared their resource on Trigon Metals (TM.v PNTZF), maintaining their BUY rating and highlighting TM's positive Kombat Mine update and drilling results.
The mill at the Kombat Mine is on schedule for start-up and is expected to produce its first concentrate soon, with first sales of copper planned by the end of August.
TM is also progressing towards starting underground mining operations in April 2024.
Upcoming catalysts include the underground feasibility study, ongoing drill results at Kombat, and initiation of underground mining in FYQ2/24.
Atrium Research's target price for TM is $0.60, over 3x its current share price of $0.19.
Full report here: https://mcusercontent.com/4bc421505c66d079778a0d0be/files/08e37aff-1ea8-1a1f-10e0-6b3da386e52f/20230725_Atrium_TM_Kombat_Update.01.pdf