Hi Superwealthy, you are correct, based on the price that BHP paid for UMC (approx. $200m for 158mt, similar Fe grade to TLM tenement) TLM would be worth around $100m, about the current market valuation. The smaller size of the orebody might bring the price down a little, but still worth developing.
imho the share price growth will come from the Doolgunna tenements, nearology will win out in the end. TFP
Hi Superwealthy, you are correct, based on the price that BHP...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $49.90M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 26.0¢ | $3.453K | 13.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 66554 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 881 | 1 |
View Market Depth
| Last trade - 15.56pm 12/07/2024 (20 minute delay) ? |
| TLM (ASX) Chart |