TM1 terra metals limited

2.00%

4.9¢

Am I missing something here? The announcement quotes that the...

First 9 Last

Share
Profile

Follow
retrac

4,310 Posts.

499

12/11/24

12:11

Post #: 76562945
Share

Originally posted by Donniemac: ↑

Morning all,

Well that's a bit depressing to see such a sell off. My take on the results is they are just as was expected really. Not bad but not anything special. Many of the holes reported are close to the known reef structure so they aren't really expanding the resource by much either but I have no doubt that will come as the rest of the results come through. Thomas seems to think (judging by his commentary) that there is a higher grade source somewhere that they may uncover at some point. Seems like wishful thinking but who knows.

At 3c the chart is pretty oversold on most short timeframes, and there is a trend line that I think it will find support on. Wouldn't be surprised to see a OSB here but it's unlikely to recover significantly until we get more results.

I think this is just part of the process a stock needs to go through to get to a realistic JORC resource. Let's see. At least we know the big boys are still in for the ride at these pitiful volumes.

Cheers,

DMac

Expand

Am I missing something here?

The announcement quotes that the width of the stratiform mineralisation has been increased by over 100m over a strike of 20Km in reef 1. That is a massive increase on the potential contained metal in this reef alone.

Market failing to see that this is potentially a massive deposit in Reef 1 alone that is stratiform and relatively uniform in nature. How far does the mineralisation extend in width over the huge strike length, that question is yet to be answered? And yet punters are selling!

TM1 Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

PIQ

Proteomics notches up as company launches PromarkerD into the US

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

First 9 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 4.9¢		Change -0.001(2.00%)		Mkt cap ! $23.41M

Open	High	Low	Value	Volume
4.7¢	5.0¢	4.6¢	$55.57K	1.164M

Buyers (Bids)

No.	Vol.	Price($)
2	200000	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	7579	1

View Market Depth

No.	Vol.	Price($)
2	200000	0.048
1	150000	0.047
3	631574	0.046
4	121229	0.045
3	750522	0.044

Price($)	Vol.	No.
0.050	7579	1
0.052	996959	1
0.053	100000	1
0.056	7993	1
0.057	118457	2

Last trade - 15.59pm 20/06/2025 (20 minute delay)

TM1 (ASX) Chart

Am I missing something here? The announcement quotes that the...

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Proteomics notches up as company launches PromarkerD into the US

Novo flags antimony and gold in the Pilbara – but does it need to step back?

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Am I missing something here? The announcement quotes that the...

Top Stories

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Proteomics notches up as company launches PromarkerD into the US

Novo flags antimony and gold in the Pilbara – but does it need to step back?

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News