TEM 11.1% 0.8¢ tempest minerals limited

Nearly new iron ore discovery, page-160

  1. 830 Posts.
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    Yes I would say so. Of course the data will tell the full story, but we've already seen the visuals of the cores and in isolation they wouldn't necessarily make a mine particularly at the depths that they were found. Nevertheless, I'm still positive about the potential of this project, and I suppose that's the exciting part that should garner interest from investors. Q3 should be interesting, when I presume there will be plenty of drilling programs to unveil more of what is possibly on offer. The only holdback are the assay results; hard to know precisely what will happen until that part is checked off the to-do list.

    The downtrend in SP is very annoying, however. Might consider digging in to the home offset account to average down heavily depending on how far the dip continues, but that's 99% of the time a dumb move as I'd need to keep my emergency funds.

    Nevertheless, wishing fellow holders a good restful weekend before we return on Monday to the ASX battlefield. And for God's sake, America, pull your sh*t together and stop destroying the world economy!
 
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