TYX 0.00% 0.6¢ tyranna resources limited

mla approved, page-11

  1. 415 Posts.
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    I don't think we should get too excited just yet boys and girls. The MLA was never really in doubt although it is good to get it out of the way (albeit 2 months late). The MARP should also follow (hopefully within the 2 month's estimated). The real questions affecting the value of this share are finance ( I would not be as optimistic as Ian's announcement suggests but we should get there) and (the biggy) port facilities. The floating harbour has potential to dramatically reduce shipping costs but is , as yet, unproven. My guess is the SP has peaked at 75 for the meantime; might run up to 85 - 90 on confirmation of MARP and finance but will not reflect its true value until ships (big ones !) are being loaded at Lucky Bay. Patience people - there is a lot of upside yet.
 
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