TI1 0.00% 1.4¢ tombador iron limited

Ann: Third Sales Contract Executed in Brazil, page-22

  1. 3,853 Posts.
    lightbulb Created with Sketch. 542
    Been following this one loosely for some time but brushing up on her again today. Seems cheap

    ~$25m in the bank at the end of last quarter and over $50m worth of ore stockpiled
    No debt
    Cashflow positive
    ~$50m marketcap

    Anyone wanna tell me why this has traded like such a dog for the last 12 months+?
 
watchlist Created with Sketch. Add TI1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.