TSO

1.79%

2.8¢ tesoro gold ltd

‘Massive’ gold intercept at El Zorro, shows project’s large-scale potential, page-86

First 86 Last

Share
Profile

Follow
aussieslr

306 Posts.

67

31/12/20

16:12

Post #: 49887562
Share

Originally posted by kiwijuice: ↑

Great post glad to see someone has finally answered the CC question ! as for that image you posted, came across that a while back if you bring it full screen and then research some of the deposits you can see massive open areas and ones that have been explored to death - TSO is in the unexplored category.

While i love your optimism here, lets go with a 2moz resource as base case
2m @ 1800 USD Oz = $3.6b in ground value - Given its favourable jurisdication im going to say the AISC would be low but given the overburden to be cleared as a lot of the resource is not from surface id go with a low AISC AUS producer for example. so $1200 AUD AISC, or around $920 USD - so half of spot price,
$1.8b in ground value after AISC included, OPEX give $300m if they want to start up slow and have a go themselves, if its not swopped upon beforehand,
so $1,5b in ground value - current sharer on issue circa 550m - gives a $3 price.... few things here will influence this massively, dilution by way of performance rights and capital raisings, play it smart and do a $100m+ once when the shares price hits over a dollar, and finding more ounces, for this to hit $3 a share id expect them to have found a 5-6million ounce resource in reality....
There on the right track, just a lot of patience and smart business decisions - to Management - Zeff especially, learn from your mistakes, those other companies will be forgotten about if you can bring success here - let this be your legacy not those other failed companies. Good luck guys.

Expand

You used US $ at the top so the $3 at the bottom is in US $. That comes out at $3.90aud. Thats retirement territory for me.
I'm following Lord Byron into 2021 and getting excited about our prospects.
Happy New Year

TSO Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

GRX

GreenX picks up prospective copper project in Germany

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

WGX

Westgold sets its sights on top five producer status through merger with Karora

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

There are more pages in this discussion • 172 more messages in this thread...

First 86 Last

Add TSO (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change -0.001(1.79%)		Mkt cap ! $41.62M

Open	High	Low	Value	Volume
2.8¢	2.8¢	2.6¢	$21.70K	808.1K

Buyers (Bids)

No.	Vol.	Price($)
1	42210	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	772872	1

View Market Depth

No.	Vol.	Price($)
3	363731	0.026
3	452280	0.025
2	60000	0.023
1	30000	0.021
1	200000	0.020

Price($)	Vol.	No.
0.028	772872	1
0.029	12978	2
0.030	141701	1
0.031	119460	2
0.032	140625	1

Last trade - 14.34pm 02/08/2024 (20 minute delay)

TSO (ASX) Chart

‘Massive’ gold intercept at El Zorro, shows project’s large-scale potential, page-86

Venture to sniff out high-grade REE targets at Jupiter project, WA

GreenX picks up prospective copper project in Germany

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

‘Massive’ gold intercept at El Zorro, shows project’s large-scale potential, page-86

Top Stories

Venture to sniff out high-grade REE targets at Jupiter project, WA

GreenX picks up prospective copper project in Germany

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News