TIE 0.00% 67.5¢ tietto minerals limited

General comment, page-123

  1. 90 Posts.
    lightbulb Created with Sketch. 24
    If you look at the WAF chart between Feb and March 2020, just before first pour , it shows remarkable similarities to TIE .

    Three weeks before first pour the share price was approx 63 c at its peak . It then fell back to close at 42 c at first pour . ( 18th March 2020)

    From April 6th , it started to appreciate fast and by the first production quarter it was trading at 0.82 c ( ie doubled )
    By the second quarter of production it was trading at 1.20 ps

    I didn't expect TIE to fall back to 69 cents as I thought the WAF sell off was due to COVID , however , from here , all I can see is blue skies for the share price . My prediction is that by the end of March 2023 ( ie first quarter of commercial production ) we will be trading around 1.10 to 1.20 ps and by the second quarter ( end of June 2023) the sp will be circa 1.50 to 1.60. Pure speculation I know but using the performance of WAF as a guide , highly plausible

 
watchlist Created with Sketch. Add TIE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.