TI1
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0.00% 1.4¢ tombador iron limited

Ann: Offer Received, page-19

  1. McQuade
    1,376 Posts.
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    20/10/23
    13:48
    Post #: 70449849
    I’m well aware of the mining operation.
    I’m guessing the panels were designed to minimise costs and have proven to be too steep, too narrow etc
    So if you re designed for safety Im betting costs go thru the roof and it’s not profitable.

    sure the stockpile will eventually get sold but it may not be part of this offer.
    Rusk is whether they try to bring in another asset to pump the business back again. Hope not.
    TI1 Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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