TSO 3.57% 2.7¢ tesoro gold ltd

Ann: Phase 1 Scoping Study Presentation, page-7

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  1. 361 Posts.
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    @Sixela

    Where did you get 700 Koz from (assuming that is what you meant to say when you said 700 oz)? TSO has 95% of subsidiary that owns 85% of the Tenera ilcences.That calculates to 952Koz of the declared JORC resource at Tenera.
    Since a SS is an early stage estimation with a very high inaccuracy level that is generally accepted as over 30%, then the SS figures with NPV of US$201M @ 5% and IRR pre-tax of 27.5% make TSO look to be a marginal prospect. Hey, with the current inflation rates in Australia and elsewhere, who thinks a 5% discount rate is reasonable anyway?
    The market's response to the announcement with a current SP of 2.7c which is a decline since the announcement in the face of a rising POG, certainly indicates that the SS is shonky.
    Even @Corgi has disappeared from the scene and given up on the stock.
    Even more telling is how my vociferous opponents have all fled away.
    As for any remaining shareholders, if Gold Fields depart then get on your bike and escape as quick as you can.

    Now, in line with the usual b/sht, this is all in my opinion (IMO) and worthless in a court of law because if you take any bulletin board advice seriously then you deserve to loose everything that you invest as a result.
    Happy investing campers and other strays.

 
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Last
2.7¢
Change
-0.001(3.57%)
Mkt cap ! $41.94M
Open High Low Value Volume
2.8¢ 2.8¢ 2.7¢ $14.57K 536.9K

Buyers (Bids)

No. Vol. Price($)
1 209709 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 849250 1
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Last trade - 13.55pm 07/11/2024 (20 minute delay) ?
TSO (ASX) Chart
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