TIE tietto minerals limited

TIE share price prediction, page-48

  1. 4,210 Posts.
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    So, are Chijin acting in concert with Zhaojin Mining? I somehow doubt that they are taking a 10% holding for their own long term benefit. Of course they may just be investing in recognition of the undervalued nature of TIE and looking to realise a profit like the rest of us. It was a screaming buy under 40c but it is now entering valuations closer to others on the ASX. Is Zhaojin moving to a takeover?
    EV to Production = $2207/z (still low)
    EV to Reserves = $396/oz (within typical range of a producer these days)
    EV to Resources = $172/oz (also, within typical range of a producer these days))
    Cashflow gives EV to Gross Operating Earnings = 2.5 (low but not extreme)
    Markets are very volatile these days and so is it time to take some profits or not?

 
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