I wouldn't worry too much about the daily movements through June. TMR is bound to be heavily impacted by traders balancing up the June 30 position. Key's to this moving forward, which has been splattered amongst the endless negativety:
1. Mining into the higher grade zones --> net benefit lower operating costs
2. Ongoing exploration success --> mine life
3. Simplification of the dissparate resource base --> ring fence the core near term [copper] operations --> effective use of cash
4. Next quarterly report --> bringing 1,2 and 3 to the near term view of share holders
The current selling below the 11.5c SPP is simply driven by emotive shareholders who post venting can only vote with their feet. Good Luck and Good riddance.
TMR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
