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0.4¢ tmk energy limited

Or 19B in oz dollars (.30c per share) i will stash them in the...

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304 Posts.

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04/01/24

17:15

Post #: 71728939
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Originally posted by RedRooster2: ↑

Good question f32
From their last preso at Noosa Mining Conference 30 September they have cash of $5.2m and since then have or are getting $850k from Talon and of course they are incurring expenses, but the operation is low cost.
Two significant factors at play right now for TMK with regard to the SP
- Market expecting a CR
- 1.1 billion shares and 550 million options to be issued
I'm hoping the company will avoid a further CR as I'm also hoping/expecting a farm-in or other corporate action in very near time, but no doubt the market is expecting at this stage. I think we will get to the time the December quarterly is released and that will give us a better idea of where we and company are at.
Company obviously looking to get the share issue squared away and then with the 100% ownership complete will be able to make the next move on this project as they certainly cannot do this own their own.
Meanwhile I ponder these figures from the Noosa conference.
1.2 TCF (2C)
5.3 TCF (2U)
1.2 TCF ~(1280PJ) of gas at US $10/GJ equates to US $12.8 billion
My opinion only
GLAH

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Or 19B in oz dollars (.30c per share) i will stash them in the bottom draw till NYD 2027
Just my ravings DYOR and GLTASH.

TMK Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $23.64M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.3¢	$4.656K	1.223M

Buyers (Bids)

No.	Vol.	Price($)
22	16524194	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	71449958	33

View Market Depth

No.	Vol.	Price($)
20	15224194	0.003
15	22650000	0.002
9	10500001	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	71143058	32
0.005	15362439	15
0.006	3543748	6
0.007	16689080	6
0.008	3037095	5

Last trade - 15.49pm 06/05/2024 (20 minute delay)

TMK (ASX) Chart

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