TI1 0.00% 0.0¢ tombador iron limited

Back of envelope calculation Stock pile based on March quarter...

  1. 625 Posts.
    lightbulb Created with Sketch. 51
    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.