RED just got smashed. Almost 50% drop in 2 days. 300M market cap is now gone. Its main project KOTH turned out to be a dissapointment. Although its a big deposit but the AISC is just too high, almost a break even.
Not long ago we kept on seeing it announced "outstanding intercepts" with grade up to 42g/t. Again, a lession for grade hunters who completely ignored all other factors, most importantly the cost!
And why we are confident that TSO has a low AISC again?
Tier 1 location, Tier 1 country
District scale system. Huge ore body. Now >5km
IRGS & mineralization from surface
"Park the truck" mining method
99% Gold recovery
Low strip ratio
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A collection of reasons why you should NOT invest in TSO!, page-69
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $42.38M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $6 | 227 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199773 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 5013 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 93850 | 0.026 |
3 | 1358714 | 0.025 |
2 | 500000 | 0.024 |
2 | 525000 | 0.023 |
1 | 24000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 227 | 1 |
0.028 | 5000 | 1 |
0.029 | 102104 | 1 |
0.030 | 834360 | 2 |
0.031 | 248032 | 3 |
Last trade - 13.11pm 15/08/2024 (20 minute delay) ? |
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