re: Ann: Statutory Approvals Received for Dri... Agree Merv, now is the time and I feel even if this first 10,000m drilling campaign is unsuccessful, the downside is not massive as the company is well backed by cash.
Success will see re-rating in the multiples no doubt because everyone in the resources sector knows about Degrussa and the stellar performance of SFR shares since they blew the top off that discovery.
Every man and his dog will want TLM stock if there is a sniff of anything similar on our ground.
On the negative side, $13 mill cash burn in two yrs is massive and there might be a perception that these blokes are leaking cash.
I'm optimistic.
- Forums
- ASX - By Stock
- TLM
- Ann: Statutory Approvals Received for Drilling at
Ann: Statutory Approvals Received for Drilling at, page-4
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLM (ASX) to my watchlist
|
|||||
Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $37.66M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $40.21K | 205.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22700 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 2541 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22700 | 0.190 |
6 | 38408 | 0.185 |
5 | 160001 | 0.180 |
1 | 30000 | 0.175 |
2 | 33500 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 2541 | 1 |
0.205 | 12000 | 1 |
0.215 | 60000 | 2 |
0.235 | 16328 | 3 |
0.240 | 40000 | 1 |
Last trade - 13.32pm 23/08/2024 (20 minute delay) ? |
Featured News
TLM (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online