Good point Cashmeoutside but I think the most disappointing part of all of this is that when they announced Major Drilling Program Commencing on the 24th of January they were .17cents. Then on the 14th of March, an extensive Auger Drilling Campaign commenced they were .14cents. Also like you said "free spins" with the royalty keeps them in a positive cash flow position. You would think they should be sitting around .17 to .20 cents at least but instead, we touched .13cents today. They would definitely have enough information on where they think the mineralization may lay with all the studies and time that they had as a result of all the delays prior to this campaign starting. We have started this Major Drilling in NSW like the Dockers have started their Football season. We could be drilling a few dusters at the moment hence why the price is drifting lower, can only hope we wake up to a trading halt with " Significant Drill Results".
TLM Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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