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67.5¢ tietto minerals limited

Hi @FatManWalking I like your posts on TIE. Thanks for...

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1371

25/03/24

17:14

Post #: 73048361
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Originally posted by FatManWalking: ↑

Indeed , @ wilbur19, that figure ( of 260000 oz) now seems like a sad joke.
coincidentally I bought into AUE recently on the strength of CW and MS , hype not withstanding
I,m beginning to suspect that the T/O bid will be extended for the full 12 months allowed , effectively capping the sp for most of this year. If so, the only thing TIE can do is make positive announcements around production, exploration , expansion options etc. Need the market to see them as a steady reliable producer who hits their production targets and cost targets consistently. Q1 should be a good example, as it’s the dry season, mining is ahead of milling rate, plant is above nameplate etc. My guess is that this years production (2024) will be in the range150-160 Koz. A little less than forecast, but still making good money.

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Hi @FatManWalking

I like your posts on TIE. Thanks for posting.

But I don't understand how a T/O bid can cap the SP.
Surely it puts a floor under the SP.
What am I missing?

TIE Price at posting: 61.5¢ Sentiment: Hold Disclosure: Held
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