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4.26%

24.5¢ talisman mining limited

Lol ignore CYM brain fart TLM.Holding both happily.

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JasmineTea

377 Posts.

294

19/09/21

00:04

Post #: 56179503
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Originally posted by JasmineTea: ↑

Sure if you are a large iron ore miner it is a big deal. Is it a big deal for us?

We receive approximately 2 million Royalty a month when mine is operating at full capacity.

So a 10% downward move in iron ore is worth AUD 200,000 to us a month. Not that material.

Also it does not at all affect our copper / gold portfolio in NSW.

Iron ore is a damn nice income stream for CYM = we do not get diluted as exploration continues.

However no one here is going to get rich off the royalty. It is our copper / gold assets that will make us very well off here.

Left field upside is still MIN paying 45M+ to buyout the royalty to reduce their costs particularly as the mine is developed to 10mtpa from 5mtpa currently,

The mine development to 10mtpa will also offset for CYM any drop in iron ore prices.

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Lol ignore CYM brain fart TLM.

Holding both happily.

TLM Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 24.5¢		Change 0.010(4.26%)		Mkt cap ! $46.13M

Open	High	Low	Value	Volume
24.5¢	24.5¢	24.5¢	$147	600

Buyers (Bids)

No.	Vol.	Price($)
1	40	24.5¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	82042	3

View Market Depth

No.	Vol.	Price($)
1	40	0.245
2	37116	0.235
1	52137	0.230
1	75000	0.220
3	27919	0.215

Price($)	Vol.	No.
0.255	82042	3
0.260	95000	1
0.265	76576	2
0.270	119304	4
0.280	99000	3

Last trade - 15.55pm 28/10/2024 (20 minute delay)

TLM (ASX) Chart