TM1
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1.27% 7.8¢ terra metals limited

Cassini only owned 30% of Nebo-Babel.And if I'm not mistaken,...

  1. Hiro
    604 Posts.
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    20/06/24
    17:00
    Post #: 74412239
    Cassini only owned 30% of Nebo-Babel.
    And if I'm not mistaken, were taken over at about a $1Bn asset valuation for their 30%.
    Something else to consider, the Nebo_Babel analogy only really applies to Cronus.
    The reefs on which they're currently reporting are a different geology - much quicker & easier than Cronus.
    Similarly, whereas NB is predominantly Ni/Cu, TM1 seem to believe Cronus is more Cu/Au.
    I know which combo I prefer.
    My description above is to the best of my very limited understanding.
    TM1 Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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