TIE 0.00% 67.5¢ tietto minerals limited

Abujar Production Guidance, page-27

  1. 248 Posts.
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    In my opinion you are a bit too pesimistic. The rainy season is over so volumes will be higher, and the deeper they dig, the better the grades. I suspect its going to be a bumper 2 months and the share price will be totally different in January.

    The softness in the price is likely the shorters exitting, but they seem to be a dying breed. I don't like to gloat over people's losses but for them I will make an exception.

    I think without the price manipulation the share price would be about 80 cents, so the final take over offer will have to be that plus 30%, about $1.00 - 1.05. Anything less than that will fail. In my opinion.

    Keep in mind that every month that passes the company derisks, so we should see the price jumping soon.

 
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