If the TCM project sale transpires this company will have a cash backing of USD6M/AUD7.5M. This equates to $0.0125 per share which is 6.25 x current share price of $0.002. Considering the buyer has already coughed up USD1M it looks likely to me. A 6 bagger would be nice.
Add to My Watchlist
What is My Watchlist?