TI1 0.00% 1.4¢ tombador iron limited

Beaten down and cashed up, page-40

  1. 623 Posts.
    lightbulb Created with Sketch. 50
    Back of envelope calculation

    Stock pile based on March quarter plus assumed same production for June quarter $15m

    Cash based on March quarter less June quarter assumed same Production costs and no sales during June quarter $20m

    That's $35m with no Enterprise value...what's its worth?

    Current market cap $50m

    No advice obviously just throwing the darts and hoping to hit the board lol.......constructive comments welcome ......
 
watchlist Created with Sketch. Add TI1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.