TLM 7.50% 21.5¢ talisman mining limited

the squeeze is on......

  1. 408 Posts.
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    with a couple of seasons of reccie work under its belt and the recent string of positive news from the likes of vrx, sri, mzm and hor (granted 3/4 of those are extentions to historic mines), the tlm value proposition is beginning to look interesting.

    - ~50m mc undiluted (@ 0.38 cps)
    - ~44m in cash and liquid assets (equating to ~0.335 cps)
    - ~6m ev (cheaper than many hastily arranged ipos)
    - an ongoing multi pronged systematic exploration program
    - ~13% held by kerry harmanis

    were a long way from 1.44, but there seems to be very little downside from here.
 
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