Estimated operating costs put forward by the company in early 2012 were circa $85/tonne FOB.
Current ore price is circa $95 to $100/tonne.
How is there any economic value here, at all?
What scares me the most though, is that the $85/tonne estimate is now looking like an absolute furphy. Did Wayne Richards smell a rat and leave?
I`m surprised the market cap is where it's at, the whole thing stinks to high heaven.
And I don't say this as a downramper, I was duped too (I still unfortunately hold TRF).
Hang your heads in shame management.
DYOR
- Forums
- ASX - By Stock
- TYX
- march 2011 quarterly report
march 2011 quarterly report, page-12
-
- There are more pages in this discussion • 9 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 TYX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $19.72M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $3.711K | 559.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1359001 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1362162 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1359001 | 0.006 |
12 | 3383995 | 0.005 |
5 | 1800000 | 0.004 |
3 | 960000 | 0.003 |
3 | 1507550 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1362162 | 1 |
0.008 | 5513377 | 13 |
0.009 | 7619262 | 13 |
0.010 | 2020782 | 8 |
0.011 | 10244343 | 11 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
TYX (ASX) Chart |