Back in TMS again after the TMSO was hopelessly expired including mine. Was a bit disappointed at the results earlier in the hopeful NE-extension area. In again in anticipation of some good results from the new two-phase drill campaign at Bluebird commenced already (in a season that is good for drilling in the region per some).
Tennant should still have around $5m+ in the bank in April after its [email protected] raise in the same month (and i always liked TMS for its very frugal/tight qtrly spending on admin/staff cost and put most on exploration related, very consistent if looking back at past yrs' quarterlys, probably one of the best in ASX i would say; but then execution speed/efficiency is another story so far) and the total SOI is not increased (due to the expiration of the listed circa 384m TMSO options -3c exe in April 2024) and is under 1b now in total to date. Copper is a bit off the sentiment at the moment (short term maybe) but Tennant is a copper and gold play (had some impressive Au hits too) not just copper. So fingers crossed (that the management will execute efficiently and deliver this time!). Aimho. GLTAHS!
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