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4.9¢ tiger resources limited

Good Point completely forgot about that.. Ends up being...

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Nikec

2,468 Posts.

1

20/01/17

13:18

Post #: 22029248
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Originally posted by Yeatesy ↑

$80m market cap? Might want to convert that to $US.

Something to consider - US$300m would take us out at 8.4 cents per share and clear the debt. Copper at current prices would see EBIT close to US$70m, at $3/lb approx $100m.
Hugely attractive returns in anyone’s language. Also add to this the potential for cobalt and further copper expansion.

I think we all agree that this is a copper price dependent story, but with a bit of positive company guidance this could be off to the races.

Yeatesy.

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Good Point completely forgot about that..

Ends up being 47.6mil/$240mil = 19.83%

TGS Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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