TLM 4.26% 24.5¢ talisman mining limited

Ann: Annual Report to shareholders, page-2

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  1. 2,195 Posts.
    lightbulb Created with Sketch. 331
    Hopefully things start to ramp up now. key takeaways:

    -simplified corporate structure, reduced management staff costs, and divested non-core assets
    -Russell Gregory Exploration Manager (Appointed 2 August 2021)
    -$10mil cash on hand
    -continuing MIN royalty
    -Actively assessing potential acquisition or farm-in opportunities
    -a bunch of options will expire 31-Oct-21
    https://hotcopper.com.au/data/attachments/3615/3615919-01d6f0c4594c9e21b754536602a36609.jpg



    Waiting assays on :
    -9-hole/2,000m RC percussion drill program at the Noisy Ned Copper Prospect
    -13-hole/2,424m RC percussion drill program at the Cumbine Gold Prospect

    future activities:
    -DHEM surveys at Lachlan (including Blind Calf ) Copper-Gold Prospect - WIP - covid delayed
    -submitted drilling applications for a maiden RC drill program to test the Carpina North gold prospect


    Tenement Ownership structure looks much better now too.
    No debt either

    https://hotcopper.com.au/data/attachments/3615/3615926-94756f1eee85bc58c89a77fb011e7fc3.jpg
 
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