TOR torque metals limited..
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Ann: Trading Halt, page-16

  1. boy1
    2,965 Posts.
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    05/09/23
    12:58
    Post #: 69736719
    Well this looks bloody good.

    600m away from a lithium operating mine that could be valued at $1.8b with known spod and tantalum resource…

    Bald hill drilling right up to the tenement boundary TOR are acquiring….

    vendor with nicely staged performance shares so he/she must already have a really good sense as to what is there…

    Assume this, 5mt resource of Li at 1% (lowest performance hurdle) , 3mt gets mined, at 6% spod and 75% recovery that’s about 375,000t of spodumene.

    $1000 cash cost to mine, $5000 to sell, split $4k margin in half to pay for toll treating as no capex, so $2k profit per tonne….

    $750,000,000

    Il just leave that there.


    The answer to the share price to me is higher….o
    Last edited by boy1: 05/09/23
    TOR Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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24.5¢ 		Change
0.005(2.08%) 		Mkt cap ! $129.0M
Open High Low Value Volume
23.5¢ 24.5¢ 22.5¢ $359.5K 1.542M

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No. Vol. Price($)
1 33102 24.0¢
 

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Price($) Vol. No.
24.5¢ 208049 1
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Last trade - 16.10pm 01/08/2025 (20 minute delay) ?
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