TMKO does seem good value.
Exercise price is only 0.008.
That's only a market cap of $75 million, which seems miniscule if the resource proves to be commercial.
Very high risk, of course, but it's not hard to imagine this getting to a market cap of $2-300 million on success.
On downside, assuming everything goes to plan, it the overhang of the various options themselves and the possibility of another capital raising prior to reaching commerical flow rates.
Very intriguing opportunity, however.
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 (20min delay)
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 86 | 104170855 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10683381 | 1 |
View Market Depth
| Last trade - 10.02am 18/06/2025 (20 minute delay) ? |
| TMK (ASX) Chart |
Day chart unavailable