Times are a changing! TNC has 4 million tonnes of viable Cu/Co/Au at Mt Oxide. That is production of 500,000 pa for 8 years.Question: why keep drilling? Why not doing a feasibility study now, bring into production and then expand resource.? High grade drill results just beep the stock up for a day or if your lucky two days. Day traders take their money and wait for the next high grade results. I think the TNC Board need to think a bit deeper and become a miner not a promoter. If going to rely on the odd high drill results only, the next cap raise will be under $0.15c. Investors and day traders are more sophisticated in 2023 and all can see thru glass. (no more blur) Remember there’s 100m TNC shares out there from the pre-cap raise done at $0.10c and I’m sure they have itchy trigger fingers syndrome, “right now” Shareholders don’t give a “fig” about a company or the feelings of its directors, “just the company share price”. If a mechanic takes a month to fix an oil leak in your car, you find another mechanic.Go hard or go home.
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5.4¢ |
Change
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Mkt cap ! $47.27M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.4¢ | $24.93K | 456.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 462873 | 5.3¢ |
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Price($) | Vol. | No. |
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5.4¢ | 50000 | 1 |
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No. | Vol. | Price($) |
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6 | 462873 | 0.053 |
4 | 256330 | 0.052 |
1 | 262446 | 0.051 |
7 | 544831 | 0.050 |
1 | 20000 | 0.049 |
Price($) | Vol. | No. |
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0.054 | 50000 | 1 |
0.055 | 50000 | 1 |
0.056 | 200000 | 1 |
0.057 | 901424 | 5 |
0.058 | 600000 | 3 |
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