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1.4¢ tombador iron limited

Hopefully they do produce a good quarterly with some updates on...

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ZeroDown

46 Posts.

4

24/07/22

19:18

Post #: 62700268
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Originally posted by Jenkstar ↑

I think you find that Colomi is owned by the Clough family and they have been involved from the start.

They certainly bring the stability to the company but with that comes the patience to play the long game. They don’t need dividends and I think there is a tendency for them to just do what they think is right. That can leave the average SH a bit in the dark. They have been exceptionally good at establishing the mine and getting into production. They have been less impressive in getting customers to buy our product. Hopefully, the next update or two will confirm they have resolve that issue. If they have, then we will see a rerate.

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Hopefully they do produce a good quarterly with some updates on sales but if not, i still feel this is very under valued right now, yes i think some patience may pay off on this one.

TI1 Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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