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1.1¢ tempest minerals limited

CJ, agree, Euro assays due anytime now. If they are as positive...

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pagarsi

2,113 Posts.

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31/03/22

08:49

Post #: 60537032
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Originally posted by cjames1: ↑

I think the point rolf is making is that there is limited down side risk with this stock compared to other discoveries because (a) the market cap is still just $50M or slightly above (a lot of other discoveries have MCs around $50M before making a discovery), and (b) the company has many other prospective projects (lithium as well) which should provide a base for the valuation. Many companies only really have one decent flagship project and when that one doesn't live up to the hype then they crumble. To me this company isn't a one trick pony.

Even though it's risen astronomically, if results continue as they are then there will be a lot of buyers waiting for a drop to pick up shares IMO. Think of a few discoveries over the last six months that shot to over $150m MC on results that excited as much as this - NXM, STM and CNB. These stocks kept climbing for a month. This stock could easily triple from here over a month similar to the others.

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CJ, agree, Euro assays due anytime now. If they are as positive as we hope it will greatly inform the market that we are not that one trick pony.

TEM Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.1¢		Change 0.001(5.00%)		Mkt cap ! $6.586M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$735	70K

Buyers (Bids)

No.	Vol.	Price($)
5	1466087	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1012957	3

View Market Depth

No.	Vol.	Price($)
5	1466087	0.010
5	2192629	0.009
6	3329875	0.008
9	1743582	0.007
3	490000	0.006

Price($)	Vol.	No.
0.011	1012957	3
0.012	2686668	5
0.013	308538	2
0.014	1312159	2
0.015	1105000	3

Last trade - 12.31pm 03/10/2024 (20 minute delay)

TEM (ASX) Chart