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

TNC

Click for more information

0.00%

3.0¢ true north copper limited

Ann: Half Yearly Report and Accounts, page-4

First 4 Last

Share
Profile

Follow
Adhd

249 Posts.

24

14/03/24

19:23

Post #: 72892853
Share

Originally posted by orion123: ↑

Hey Josh are u sure you read the financial report properly? TNC didn't lose any money, they just used more than they made which 99% of companies do on startup. To belabor the point before a mine can earn a profit it has to be found, proven and built. The processing plant is producing income and the mine should be operational quite soon and producing income. Read the start up history of Mt. Isa Mine. It contains much information for impatient investors. Same for Mt. Morgan.

Expand

Yes totally true, I guess thats why the say "it takes money to make money" I would be worried if they weren't spending money to get ready to mine!

TNC Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

LRD

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

First 4 Last

Add TNC (ASX) to my watchlist