Media, page-4

Hopefully Simon has plenty of good exploration results to show off during his presentation.

My favorite other than GCY is TLM.


Not investment advice but I'd be interested to know what you think of TLM Plough?
They have a cushy royalty agreement with MIN that has netted them over 6 million in income over the TTM period.
MIN have just received approval to increase iron ore production at Wonmunna by 150% which could take TLM royalty income to 15 million dollars per annum based on their current rate of return.
TLM have 10 million in cash and mining magnate Kerry Harmanis is the largest shareholder and Chairman of the company.
MC is only 26 million SOI 186 million.
They have a strong geology team (Russ Gregory ex RIO), an impressive exploration tenement package (Cobar region and Gawler Craton), they've purchased their own auger drill and their systematic approach to exploration gives them huge bang for their buck.