TIE 0.00% 67.5¢ tietto minerals limited

Ann: Abujar Gold Project November Construction Update, page-11

  1. 229 Posts.
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    These guys really knocking it out of the park.
    However I've just sold out, happy with the run its had, and I feel its discount to NPV is now similar to some producers which is dangerous territory as it assumes perfection during commissioning, which is not impossible, but just a risk/reward I no longer want.
    My main thinking here and something you may want to consider, is that almost every goldie commissioning recently has wound up having to do an extra cap raise to get to commercial production after the initial gold pour. I have a feeling with the recent run up, its almost incumbent on the board here to do a raise pre-emptively. That would be the smart thing to do and they seem like smart operators. I could be way off though and I sincerely wish the continuing holders the best of luck!
 
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