Zeff has stated numerous times TSO doesn't need $2500 an ounce to be productive, and has said that other ASX listed Miners, particularly in Western Australia, relying on even $1800 an ounce, should be reconsidering whether they have a viable project at all. Chile is a low cost jurisdiction, as evidenced by the extremely low cost per meter of drilling, and with 87% of capital this far invested directly into drilling, that's a value investment. i defy you, Sixela, to name any more economical resource definition anywhere in the world. El Zoro is Tier 1, with discovery costs at $25 an ounce. All things considered, an $800 ounce gold price would be sufficient to sustain El Zoro as a viable mine, particularly because of high recoverability of gold from this host rock. This information is available, but instead Sixela continues to misrepresent the facts. Zeff has explained the misinterpretation of that $2500 gold price used as an x factor in modelling. Personally i'm reassured that the last capital raise was at 27.5 cents, knowing that many investors are committed, whether they like it or not, to see this phase of the exploration program through to a logical conclusion. TSO remain confident that continuous successful drilling will speak for itself, and with a clearer definition, of El Zoro, The Market will join the party. Takeover isn't ruled out, but nor is it an objective to sell El Zoro, The TSO Team see this as a future mine of a scale they can bring to fruition and manage. Sixela sits on the sideline and takes cheap shots, but it's generally incorrect, built entirely upon every tid bit of hysterical misinformation, already refuted in detail at every stage, yet regurgitated over and over again for the sole purpose of devaluing the stock in order to serve a selfish desire to accumulate, from scared illinformed investors panicked into selling at a 12 month rock bottom price. Hold your stock, people. Be a winner, not a loser. Have some conviction, in your choices to buy TSO in the first place, because everything here has improved continuously, while only the share price has gone backwards, for all the wrong reasons. Buy more, if you can to average down, and there's more then, on the up-side. I do my small part, to defend shareholders and to call out this vicious campaign of willful devaluation, perpetrated by Sixela and Co. Do your own research.
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Mkt cap ! $45.40M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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4 | 903699 | 3.0¢ |
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Price($) | Vol. | No. |
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3.1¢ | 43905 | 1 |
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No. | Vol. | Price($) |
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4 | 903699 | 0.030 |
2 | 58757 | 0.028 |
3 | 587037 | 0.027 |
3 | 831846 | 0.026 |
3 | 1221250 | 0.025 |
Price($) | Vol. | No. |
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0.031 | 43905 | 1 |
0.032 | 1206727 | 4 |
0.033 | 1567521 | 2 |
0.034 | 240000 | 1 |
0.035 | 258080 | 2 |
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