TI1 0.00% 1.4¢ tombador iron limited

Rough Sums.15M in cash400k tons of iron ore - profit per tonne...

  1. 1,570 Posts.
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    Rough Sums.

    15M in cash
    400k tons of iron ore - profit per tonne maybe 25AUD? give us 10M in extra cash

    That's 25M cash and stock
    Current Value of resource at fire sale? Maybe 50M? (probably more)

    Total of 75M?
    Shares out are 2158482373

    Give us about 3 cents a share...

    Thoughts?
 
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