$9m x PE10 --> Market cap should be $90m. So SP50c in the short term?
What is the upside?
It happens when MIN raises the output to 10mtpa...and when IO price continues to go up.
$18m x PE10 --> SP $1 in the mid term?
Both Copper/Gold are bullish. And when TLM announces great discovery in either Lachlan or Locknow, SP would explode. TLM mentioned FOCUS and ACCELERATION and so we may see some good ann fr either project soon.
And I suppose some shareholders who invest in TLM could be Kerry Hanamis' ex-SHs, and that make them sticky to the share as they have had enjoyed a huge ride with him in the past --> from $20m to $3billion. No wonder no many sellers as I think those folks could have cornered majority of the stake...
I love this game here. Stay tuned!
$9m x PE10 --> Market cap should be $90m. So SP50c in the short...
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Last
25.5¢ |
Change
-0.010(3.77%) |
Mkt cap ! $48.02M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 25.0¢ | $14.45K | 57.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12208 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 8000 | 1 |
View Market Depth
| Last trade - 15.46pm 02/08/2024 (20 minute delay) ? |
| TLM (ASX) Chart |