Gold is overall bearish untill it breaks out of this channel
Technical situation for gold is overall poor. Would not expect any upside anyime soon untill this strong channel breaks.
Either way even if by any chance gold dropped to March 20 lows of $1450 USD its not like TSO wont be printing money like heck in 3 years time. AISC is expected to be ~900aud, production of 100k ouncese/pa.
Using spot AUD/USD 1.28
we're looking at (1450*1.28-900*100000) = $95.6m in pure profit in 3 years time with 20+ mine life years. Do the maths what kind of EV do you think that is?
Using the most BEARISH of cases with gold prices absolutely collapsing TSO will still be feasible in 3 years time.
- Forums
- ASX - By Stock
- Charts
Gold is overall bearish untill it breaks out of this channel...
-
- There are more pages in this discussion • 401 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TSO (ASX) to my watchlist
|
|||||
Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.92M |
Open | High | Low | Value | Volume |
3.0¢ | 3.2¢ | 2.9¢ | $35.16K | 1.161M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 497233 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 751227 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 665000 | 0.030 |
1 | 450000 | 0.029 |
2 | 58757 | 0.028 |
3 | 837037 | 0.027 |
3 | 101846 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 751227 | 1 |
0.033 | 1567521 | 2 |
0.034 | 365781 | 2 |
0.035 | 258080 | 2 |
0.037 | 85719 | 1 |
Last trade - 15.55pm 30/08/2024 (20 minute delay) ? |
Featured News
TSO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online