@Bellavena85 Additionally, the processing plant is not in the best location! It is in the way! as it is right next to the grade prospect, realistically, there is no way they can extend the existing deep open pit and mine the resource, unless the processing plant is relocated or demolished. Then, what about the Capex to construct a new one? Hence why, there is very little mention of a clear strategy to recommission the plant and a plan to recommence mining... Hence why, their is a new drilling campaign, new game plan, the sunk exploration cost, trying to significantly grow a resource, but the processing plant is in the way, they probably won't remove it...yet. So, perhaps waste the funds to drill around it..
That is the risk with people investing and not reading past the headlines, if you are just trading it with no intentions of holding longer than a few days of weeks, then no problems, enjoy your circa +/- 15% wins and losses.
- Forums
- ASX - By Stock
- TSO
- A collection of reasons why you should NOT invest in TSO!
A collection of reasons why you should NOT invest in TSO!, page-66
-
- There are more pages in this discussion • 349 more messages 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 TSO (ASX) to my watchlist
|
|||||
Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $42.38M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.6¢ | $17.57K | 620.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 7575 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.027 |
2 | 989783 | 0.026 |
3 | 1358714 | 0.025 |
4 | 1059849 | 0.024 |
2 | 525000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 7575 | 1 |
0.030 | 834360 | 2 |
0.031 | 248032 | 3 |
0.032 | 315625 | 2 |
0.033 | 1677397 | 3 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
TSO (ASX) Chart |