A collection of reasons why you should NOT invest in TSO!, page-8

Refreshed now been shooting ducks all arvo - great release!!!@Bellavena85 totally agree - as per all my posts. The question we all want an answer to is where will that re-rate settle???

@pustayo mentioned DEG for example:

MC – 686,000,000

SOI – 1.17 bil

Resource - 2.2 MOz not including Hemi

The Discount

Lets argue that Hemi has really caused a massive storm in their SP so I will discount their MC by a gargantuan 250,000,000 and also that having their project in Aussie is worth another 100,000,000 MC because there is all this horrific, terrible, hazards, risks, etc with a project in Chile....

M Cap 686,000,000

Deduct 250,000,000

Risk 100,000,000
336,000,000

Realistic MC for DEG for 2.2 MOz-336,000,000.

So if TSO MRE 2.2 MOz or greater………….

336,000,000/622,000,000 (TSO Fully diluted)

Settle into that thought on a Saturday evening!!

SP 54 cents

Konbanwa