TI1 0.00% 1.4¢ tombador iron limited

Ann: Company Presentation - December 2021, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,128 Posts.
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    Interesting update on the October presentation!

    In the 2 months from end September till 28th November :
    * 41kt of product has been added to the stockpile bringing it to 190kt, and
    * No further sales have been added to the 180kt sold prior to October.

    This indicates we continue to dig up product but at a slower rate ( 20kt/mth or about 250ktpa) and we aren’t selling anything.

    We have stalled! This presentation won’t help the SP. In fact if we didn’t have $25-30m in cash, I could see it diving below 1.5c!
 
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