Seems to me - and it is just a personal opinion, that TTE management is waiting another 11 days or so, until we go into the new (Australian) financial year.
This will increase the EOFY financials (money in the bank) which so many have been saying is essential for the market to recognise the potential of TTE. Cash is king, as they say.
My betting, based on nothing but the above opinion, is that the drilling will start in July 13, or less than 2 weeks time. We know the drillings into the caprock will be cheap (was it $85,000 ?) and quick. After that, or at the same time, they will target the 5,200 foot level in another and separate drilling.
So, stay calm and carry on (as the poms say).
All of the above is my personal opinion only. DYOR.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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2 | 249293 | 0.021 |
4 | 337155 | 0.020 |
3 | 35614 | 0.019 |
1 | 16676 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 99967 | 1 |
0.025 | 40008 | 1 |
0.026 | 182548 | 1 |
0.027 | 22222 | 1 |
0.028 | 75300 | 1 |
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