TUL 0.00% 35.0¢ tulla resources plc

Ann: Annual Mineral Resource and Ore Reserve Statement, page-2

  1. 1,070 Posts.
    lightbulb Created with Sketch. 116
    This is ridiculous.

    Tulla has MC = $119m, EV=$70m.
    Resource 2.3Moz @ 3.4 g/t (attributable to TUL).

    Last week there was a bun fight for GMD shares.
    Current resource only 1.6 Moz @ 1.8 g/t (that is much lower grade)
    MC now $345m at 0.135) after slipping back from ) 0.180; and EV $334m.

    Oh my gosh and TUL has a Reserve, but oh no, cannot see a Reserve for GMD!
 
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