TRO 0.00% 6.1¢ triausmin limited

earlydays,as i see it, TRO has minerals in the ground.. but...

  1. 336 Posts.
    earlydays,

    as i see it, TRO has minerals in the ground.. but thats it.. (ala CDU)

    no mining license, mill, $$ in the bank to build a mill etc etc.

    its going to be years before they go online- add in the inevitable dilution in equity raising and then financing the building of the plant..

    then you have to consider what the price of Zn will be in the future when they are producing...

    so whilst no one can argue the resources.. the end share price valuation when they start producing will be vastly different than today

    IMHO, i think the run has been great for the 30c investors and they are now moving on to other stocks.. if your in it for the long haul, you shouldn't be worried about transient spikes and dips on the roller coaster

    cheers
 
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