TER 2.27% 21.5¢ terracom limited

SMR today, page-31

  1. 660 Posts.
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    "Perhaps you may even buy a few shares."

    Fair call, but i have done my research on this company and I have too many bad investments to have another and buy into TER. The company sends a few shivers down my back, but like many the share price is below what I expect. My biggest problem (other than large amount of debt) is they have one mine that is making money (which they didnt build) and it has around 10 years life left. Building a new mine in Qld to replace that cashflow is going to take awhile, for example Adani was first announced back in 2010.


 
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