although we can’t predict the sp, one just gauges the opportunity based on experience and consideration of what is known. I personally believe Tmg still has short term upside even without drilling**. I’m bias coz I now hold plenty by the way, building the options from 2.2 when the acquisition wa announced. The only regret I have I didn’t buy 10m right away lol
**even without drilling this will stand because American investors understand the basis of the resource estimate- not jorc because jorc compliance is only for asx listed companies. Eg - PPTA has not done any single drill and will not report its resource as jorc compliant ever unless it decides to list on asx (no chance it will). Nonetheless, Tmg is asx listed so eventually it will have to comply with jorc. By that time who knows what the MRE will be
whether it will double or treble or not
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