Tambourah Metals (ASX: TMB) – focus on Julimar North Project

COMPANY SCOREBOARD

Pro Plus	Pro	Con Plus	Con
		Minimal exploration since IPO	Female Chair and largest shareholder

ABOUT COMPANY

Tambourah Metals (TMB) (https://www.tambourahmetals.com.au/) explores gold, nickel, and PGE in Western Australia. The company’s flagship is the Julimar North Project located about 100km from Perth and is within the Wheatbelt region of Western Australia.

The company was listed in August 2021 by raising $8m@20c.

CAPITAL STRUCTURE


ASX Code	Share Price	Shares	Option (In)	Market Cap	Cash/Asset ($m)
TMB	0.072	82940353		5971705.4160	3.3/0


Holders No	Top 20 (Cur)	Top 20 (Pre)	Director Hold	Performance Right	Note
1172	48.75%	56.69%	32.06%		last raise $2.5m@23.5c+30cOpt

The company has a female Chair with largest shareholding, and appointed a consultant as the MD.

FLAGSHIP ASSETS

TMB Pilbara Gold-Lithium Projects WA

ASX TMB Tambourah Metals Pilbara projects location

Project Data

To Come

OTHER ASSETS

Julimar North Project WA (30% with SQM)

SQM to spend $3m to earn a 70% interest.

Julimar - Ni, Au, PGE - CHN, MI6, CPN

Achilles Ni-Cu-Au Project Earaheedy WA

Earaheedy - Base Metals - RTR, ZNC, CDT, CNR

SUMMARY

The company acquired more projects that it can chew.