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13.8%

3.5¢ terra metals limited

Ann: New Assays Double Strike Length at Dante Reefs Discovery, page-152

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680 Posts.

331

07/07/24

22:15

Post #: 74645861
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Originally posted by cactusjack17: ↑

your take on the situation is probably right, this deposit, as it stands at the moment is more than likely not economically feasible, but the funny thing is the share price could still easily appreciate.

why, because the tenement clearly displays a large amount of mineralisation, albeit low grade, where there’s smoke yada yada, the area is bounded by tenements owned by BHP and RIo, and they have 6 mill to throw at an exploration program over the next year.

everyone knows it’s a bit of a gamble, it’s a penny stock. Why over analyse it?

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I think his take is totally incorrect.
I believe it is feasible today.
Time will tell.

TM1 Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 3.5¢		Change -0.006(13.8%)		Mkt cap ! $15.49M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.0¢	$24.33K	709.7K

Buyers (Bids)

No.	Vol.	Price($)
1	52598	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	39691	2

View Market Depth

No.	Vol.	Price($)
1	52598	0.033
1	200000	0.032
1	165750	0.030
1	120000	0.029
1	134000	0.026

Price($)	Vol.	No.
0.035	39691	2
0.036	150000	1
0.038	101000	1
0.042	20000	1
0.043	26272	1

Last trade - 12.24pm 12/11/2024 (20 minute delay)

TM1 (ASX) Chart

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