Nice. Here we come 22 million per annum royalties.
Key numbers for me from above to establish the 5mtpa are:
Last Quarter Royalty was based on: ramp up volumes
Oct to Dec Quarter will be based on expected volume of: 2,212,000 wet metric tonnes.
Increasing to first quarter Jan to Mar next year, expected volume of: 2,585,0000 wet metric tonnes.
Based on this they are doing 5mtpa (4.797mtpa) already every 6 months.
So it appears by end of next Q the mine will be operating at 10mtpa.
Gents this royalty (next 10+ years) and potential for more acquisitions / development of existing permits puts TLM in an extremely enviable position.
Nice. Here we come 22 million per annum royalties.Key numbers...
Add TLM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.0¢ |
Change
-0.010(3.45%) |
Mkt cap ! $52.72M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 27.5¢ | $130.2K | 463.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 109324 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 13.49pm 19/07/2024 (20 minute delay) ? |
| TLM (ASX) Chart |