I think a little more color is needed.
TSO today probably discounts an MRE of 1-2 million oz already from Ternera @220M AUD market cap.
The upside comes: what if Buzzard, Toro Blanco, etc give another 1-3 million oz and you have 5M+ oz in the ground
That is what De Grey has now. So apply some "Chile" discount and you could realistically have a 800M to 1 billion AUD market cap in that scenario
However, this will all take time and depends on the drillbit going forward. I rather have TSO go slow and steady than go spike massively on hot money.
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Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $43.03M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.5¢ | $53.72K | 1.436M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19440 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 39458 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19440 | 0.035 |
2 | 176469 | 0.034 |
2 | 211818 | 0.033 |
4 | 1039474 | 0.032 |
3 | 286666 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 39458 | 1 |
0.039 | 150000 | 1 |
0.040 | 103736 | 2 |
0.041 | 136819 | 2 |
0.042 | 767623 | 4 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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Adrian Costello, Executive Director
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