TTY has recently become very hard to value in my opinion... I think that is another reason for the short-term poor sentiment.
I would have said it should be $2 now...
But then dodgy Sub-Prime mess... IO production upgrade, mine-life downgrade... Investment in many other companies that I just haven't had the time properly value. Will they takeover, buy, hold, sell... What are the implications.
Its all very confusing... Really looking forward to the dust settling... and some clear direction.
I would love to see numbers if anyone has SERIOUSLY broken down TTYs recent investments... med-term revenue and cost forecast. Merged vs. separate... With and without IO upgrade...
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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