Australia's largest stock trading and investment forum Australia's #1 stock forum

TIE

Click for more information

0.00%

67.5¢ tietto minerals limited

Buyback 10 million shares a month, page-14

First 14 Last

Share
Profile

Follow
Battersea

156 Posts.

67

10/10/23

19:21

Post #: 70274153
Share

Originally posted by cherryburn: ↑

If the share price reaches 40c before the end of November without any buybacks then the shorts will be forced to cover at some point. The gold price seems to have hit the buffers at $1800 hopefully. I am inclined to the view that the Company should bed down Abujar , increase throughput, complete a "proper" study on the heap leach potential and move ahead with that in early 2025 if that looks compelling. Having cheap and reliable hydro power together with very soft ore certainly helps. Certain Canadian companies are capable of heap leaching 0.4 g/t ore as a result of cheap hydro power.

Expand

I think you have put it in a nutshell, cherry – thanks very much

TIE Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

There are more pages in this discussion • 24 more messages in this thread...

First 14 Last

Add TIE (ASX) to my watchlist