TIE 0.74% 67.5¢ tietto minerals limited

(Quote) "I continue to be puzzled that this company, which is...

  1. 5,163 Posts.
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    (Quote)
    "I continue to be puzzled that this company, which is now a producing goldmine, is not attracting more attention from the analyst community, and from professional investors".
    (End Quote)

    Good point Battersea, it's puzzling.

    Maybe it's the Africa sovereign risk factor, or maybe it is the MULTIPLE Chinese significant shareholder factor, or maybe it is the (perceived) trust, or lack of trust, by the market, in the former management, the ones I call the hyperbole management (HM) - who knows eh, but you are correct - something is definitely quizzical here, something definitely deserves further investigation.

    I think TIE may not be reporting monthly anymore, which means the production figures and AISC will be reported quarterly from now on, which means mid April. If this is the case, we may expect to see M&M become significant holders again near the first week of April, from shares they have borrowed. They play the Short.

    The SIMPLE fact now, is that TIE is making over US$1,100 per ounce in profit !!!!
    We are talking nearly $200 million profit per year (before taxes and other constraints).
    Within a couple of years, they'll have half a Billion in the bank just sitting there.

    The share price should be double (easily now) - but the market is CORRUPT in the extreme !!!
    The 58 cent takeover offer is an INSULT of the worst kind.

    Matt and his team are the best qualified to succeed here, and they will, which is why ALL shareholders should reject anything under a dollar at minimum, and watch very closely, for any COLLUSION between the 3 major Chinese shareholders. We all know that the market is a corrupt digital casino that most frequently now bears no relationship to project real values. Algorithms and the digital economy (and human corruption and greed) have completely decimated the original reasons for why share markets were created in the first place.

    I'm just going to hold here until it all plays out.

    If they corruptly force the price down, then I'll buy what they have to offer - it's simple.
    When or if Matt and his team bail out here, then I bail out (and follow them to their next project) - it's a simple rule to follow good management.

    Gw
 
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Last
67.5¢
Change
-0.005(0.74%)
Mkt cap ! $769.0M
Open High Low Value Volume
67.5¢ 68.0¢ 67.5¢ $2.118M 3.138M

Buyers (Bids)

No. Vol. Price($)
47 116235442 67.5¢
 

Sellers (Offers)

Price($) Vol. No.
68.0¢ 32184119 111
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
67.5¢
  Change
-0.005 ( 0.37 %)
Open High Low Volume
67.8¢ 68.0¢ 67.5¢ 938003
Last updated 15.59pm 03/05/2024 ?
TIE (ASX) Chart
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