TIE - Keep your eyes on this new listing 10am WST... should be a good gold play.. lots has happened since they raised..
MC $40m at 20c after raising $6m in December;
Since IPO was raised in December:
- Gold price has lifted from $1240 to $1340
- Other gold developers trading strongly (OKU has almost doubled to Mcap >$150m with no resource announced yet)
- Other points to consider
- Ivory Coast is much safer jurisdiction than surrounding areas (ie Mali).
- Looking to drill 30,000m in 2018 (drilling deeper and along strike)
- Targeting 2moz resource base by end of 2018
- Current open pit resource grades currently at 2gtn for 700koz
- TIE continues to look for further opportunities within country
- Forums
- ASX - Day Trading
- morning traders 18 / 1
morning traders 18 / 1, page-79
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