TIE 0.00% 67.5¢ tietto minerals limited

80 cents by the end of October, page-10

  1. 5,823 Posts.
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    Just listened to a podcast featuring TIE (its on S......H). Early on TIE CEO talks about no debt and hedging.

    TIE is going to generate a lot of cash next year even with higher costs and a lower POG. An obvious question to ask is, with no debt to pay bac, what will TIE do with all the cash? When asked that question the CEO stated they will be using it for the benefit of shareholders - that can only mean dividends or possibly buying other gold companies especially as current price of gold stocks are so low.

    In the absence of a takeover dividends would likely result in a higher SP. It also occurred to me that TIE may look at M&A as well with that cash.
    TIE may do both.

 
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Currently unlisted public company.

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