TLM 0.00% 29.0¢ talisman mining limited

Blind faith is a valuable commodity which should be tradeable on...

  1. 1,585 Posts.
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    Blind faith is a valuable commodity which should be tradeable on international markets. However reality is a strange concept. Whilst NSW is compelling, SA is overwhelming, partcicuarly with the calibre of our neighbours who are more likely to buy us out rather than a royalty in NSW.

    Here's an excerpt from BHP's quarterly:

    ROCopper South Australia 322 kt39%
    Successful integration following the acquisition of OZL in FY23 and strong underlying operational performance across the asset delivered increased production, as well as record material mined and concentrate smelted at Olympic Dam. We have exceeded our planned annualised synergies, such as the processing of Prominent Hill and Carrapateena concentrate at Olympic Dam into higher-margin cathode and refined gold, resulting in annual records for cathode and gold production at Olympic Dam. The successful commissioning and ramp up of Crusher 2 led to record material mined and concentrate produced at Carrapateena.
    Production for FY25 is expected to be between 310 and 340 kt, weighted to the second half.
    We continued exploration drilling at OD Deeps and Oak Dam to enhance our resource knowledge in support of our growth studies and we expect to provide an Inferred Mineral Resource at Oak Dam later this calendar year.

    We need a SA JORC.

    With over 90 targets identified in NSW they have identified Mabel Creek as the priority beyond them. In Kerry we trust but don't ignore the facts presented.

    A take-over at $5 per share from BHP/RIO is feasible, at least in my mind...
 
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Last
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Mkt cap ! $54.61M
Open High Low Value Volume
29.5¢ 29.5¢ 28.5¢ $5.767K 19.80K

Buyers (Bids)

No. Vol. Price($)
2 6041 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 15000 1
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Last trade - 15.05pm 18/07/2024 (20 minute delay) ?
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