Ann: Annual Report, page-23

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eshmun

12,259 Posts.

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15/10/20

16:09

Post #: 48123596
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Originally posted by DaLatta ↑

"TBR is not a company that has been encompassed within the banksters bubble market and by the ETF bubble enablers (thankfully), think Blackrock and Co"

Do the ETF bubble enablers include your evil banksters & chief spoofers JP Morgan & HSBC which hold over 12% of TBR???
Eshmun #post-47516942
Eshmun #post-46258772

The reason for recent plummeting share price is clear as outlined below. Spoofer manipulation and / or bailing out? Must be a concern considering the extremely illiquid nature of TBR i.e. 20k-40k trades regular move the SP over 5%.

Very concerning annual report - plummeting production (-36%), reserves (-25%) (even after increasing basis from A$1500 to A$1750), mine life barely 4 years based on FY20 production & 3 years based on FY19 production, only $14m cash.

You might want to reconsider your prediction of a dividend - now looks unlikely and unsustainable?
Eshmun #post-47536799
"I doubt very much that he won't continue with dividends now that the ice has been broken. He rarely jumps at shadows so the only circumstance I'd imagine where the dividend wouldn't be paid is if its no longer sustainable and I can't see that being the case"

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@DaLatta

Sorry to disappoint you but the divvies just roll on over here. Rumour has it that the court case has also now been heard and alternative milling options are also on the cards.Esh

TBR Price at posting: $7.36 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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