More tonnes are better of course but more important is the deal flow that is being rolled out. Looking at the EM, resource size is not the limiting factor for TLG. Developing markets for the rapid comercialisation of the various C-based products that TLG is adding to it's repertoir is the key. This is not the way that a junior resource company is normally valued.
Estate09: I respect your consistent glass half-empty point of view, but I don't believe the resource upgrade was the driver of the action in the last week, we may well have a down day today but are probably overdue for some profit taking.
More tonnes are better of course but more important is the deal...
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Last
42.5¢ |
Change
-0.070(14.1%) |
Mkt cap ! $161.5M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 38.5¢ | $1.223M | 2.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85000 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 26686 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |