Nope not what i'm saying at all .... he sold and then came and demonstrated to us his reason for selling .
Quote : from the 13th sep when sp was 0.7c
youd be wanting to wait for the cap raise before jumping in. current spot at historical high grade produced (say $17440 @ 65% grade) has aud revenue at $16008. assuming they recovered the entire 20% of contractor margin by going owner miner, doubtful ($17300 aud - 20%). they are running revenue at $13480 meaning a margin of circa $2200 a ton best case. so theyd need to process 45 tonne to make 100k. projects before new strategy was 550 ton per annum.. meaning a total possible profit per annum of 1.2 million. giving a value projection of 12m mc... at 10x earnings. if they banked every penny it would take 7 years to bankroll t1.
cr is coming.
******************** Unquote **********
What do you think he should have done , come in and show us all why it might be a good time to sell and then have to get in a sell queue with anyone who saw the truth in what he was saying ?
I've seen Blister ( over the last 2 years ) being both positive and negative about the company as information was released and sometimes i vehemently disagreed with him and argued back and forth but i always respected his opinions unlike some others here who constantly bagged the company even when there was no reason to do so.
All we have ever had to make a judgement on is what the companys' Anns told us , and the fact that Blister and others saw red flags on the last few is their good fortune .
- Forums
- ASX - By Stock
- C7A
- Tin
Tin, page-190
-
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add C7A (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.251M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $8.184K | 909.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1850928 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 337721 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1850928 | 0.009 |
10 | 2988919 | 0.008 |
4 | 992855 | 0.007 |
4 | 999161 | 0.006 |
4 | 2250000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 337721 | 1 |
0.011 | 789570 | 5 |
0.012 | 81280 | 3 |
0.013 | 944662 | 2 |
0.014 | 71499 | 1 |
Last trade - 13.58pm 11/10/2024 (20 minute delay) ? |
Featured News
C7A (ASX) Chart |