Australia's largest stock trading and investment forum Australia's #1 stock forum

TLM

Click for more information

4.00%

26.0¢ talisman mining limited

long time listener, very very very long time holder, first time...

First 315 Last

Share
Profile

Follow
Empire07

267 Posts.

14

25/06/15

13:00

Post #: 15528839
Share

Originally posted by eshmun ↑

estate09,

I think you are right the announcements have been giving the big hint to the market all along.
Although the contributions from a couple of the geologists on these threads have been informative I think that they were to sceptical of what SFR said in their original announcement. Not blaming them for putting me off, but my original read that the intersection was the real deal has the right one. I said early on that 5% Cu had been 25% factored into the share price so ~45cents x 25% = ~11cents or 56 cents. Given we got a grade of 18.9% I think the current share price is undercooking the previous expectations.

What's more the assay results have now de-risked the share price to some extent and the next round of drilling will give a better understanding of the true value of the find. Are there any thoughts on the question of true widths or how high the value of the shares might go if the "80m" hole hits similar grades?

Eshmun

Expand

long time listener, very very very long time holder, first time poster
how long does it take to drill a hole 450m ?
maybe see another picture soon ?

TLM Price at posting: 62.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SPR

Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

PL3

Patagonia looks to raise $2.15M for South American exploration and development

SRL

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

OCC

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

MSB

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

There are more pages in this discussion • 50 more messages in this thread...

First 315 Last

Add TLM (ASX) to my watchlist

(20min delay)
Last 26.0¢		Change 0.010(4.00%)		Mkt cap ! $48.96M

Open	High	Low	Value	Volume
25.5¢	26.0¢	25.0¢	$18.64K	73.10K

Buyers (Bids)

No.	Vol.	Price($)
1	54200	26.0¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	19559	1

View Market Depth

No.	Vol.	Price($)
1	54200	0.260
3	42080	0.255
2	40106	0.250
2	46951	0.245
1	40000	0.235

Price($)	Vol.	No.
0.280	19559	1
0.285	40000	1
0.300	2000	1
0.310	57500	1
0.315	36746	2

Last trade - 14.26pm 09/07/2024 (20 minute delay)

TLM (ASX) Chart