TMG 11.1% 1.0¢ trigg minerals limited

Ann: March 2022 Quarterly Activities Report and Appendix 5B, page-2

  1. 5,350 Posts.
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    Can anyone explain to me why this is so cheap?

    $6.1m cash Current MC $14.5m

    Old NPV $364m. Potential new .+$144m =$508m
    (figures increase due to double SOP price as stated in above report $144m may be added to NPV)

    Shouldn't this be closer to $50m mc or much higher….than it is to $15m ????

    Appreciate thoughts from holders before I throw myself in deep.


 
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