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

TMR

Click for more information

11.1%

0.5¢ tempus resources ltd

You're forgetting the advisors to the transaction are the...

First 5 Last

Share
Profile

Follow
dante941

2,319 Posts.

346

10/10/23

14:09

Post #: 70267724
Share

Originally posted by bruham: ↑

That $700 thousand isn't going far (or $1.4mil, timmasbd figure).

$25,000 to the lithium tenement vendors, the rest in shares.
These people are not very clever, taking shares instead of cash.
If it was a cash deal TMR wouldn't get a look in.

As I said before their only hope is the gold, then it will close to bankruptcy as
you can get.
Cost of drilling, cost of building the mine, the cost of producing the gold, the cost
of renovating the mill, so on and so forth ( as my mother used to say).

Forget Ecuador, that will never happen involving TMR.
If I post anymore I will end up jumping off the Gap (suicide jump).

Expand

You're forgetting the advisors to the transaction are the vendors. Sell for shares, stock gets pumped and make more than they can selling the asset for a little more.

TMR Price at posting: 2.3¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 5 Last

Add TMR (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.001(11.1%)		Mkt cap ! $3.655M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$2.105K	421K

Buyers (Bids)

No.	Vol.	Price($)
10	3985221	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	3615929	5

View Market Depth

No.	Vol.	Price($)
10	3985221	0.004
15	10793252	0.003
8	10350101	0.002
8	36100102	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	3615929	5
0.006	2876895	5
0.007	1545736	3
0.008	2000000	1
0.009	1091140	3

Last trade - 10.08am 17/05/2024 (20 minute delay)

TMR (ASX) Chart