TMZ 0.00% 0.5¢ thomson resources limited

TMZ Chart, page-285

  1. 2,571 Posts.
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    Price of tin seems to be in correction before another surge later on.

    https://hotcopper.com.au/data/attachments/3082/3082105-cb961bc8b142c5c2e51a1f16eff93b26.jpg



    TMZ is presently drilling Bygoon tin project and Bald Hill tin prospect.

    and it has a targeted resource of 7200 ~ 20100 tons of contained tin.

    Assuming the following:
    1. low end of the resource target is hit, 7200t tin
    2. using current tin price USD $28000/t
    3. AISC comes at 70% of current tin price, $19600/t=28000*70%

    Net profit roughly would come at USD $60,480,000 = 7200*28000*(1-70%), more than our current market cap.

    So allow me to jump to the conclusion and say we are extremely undervalued.biggrin.png





 
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