One more day has passed and the SP did not move for another day! Extremely low volume traded! I guess this is the calm before the storm? Anyway, these are the things we know for sure that are moving:
- 4 rigs drilling 24/7
- Extending of resource at El Zorro: MRE due in 3-6 months
- Detailed met work program: due in a few weeks
- Preparation for the drilling of Buzzard or Drone Hill (district target drilling): due in a few weeks
- Scoping study: due in 6-9 months
- Behind closed doors negotiations: outcome in 2 weeks time. If the vendor decides not to contribute then we would immediately have 85% ownership. If he decides to give us $2.3M for this year exploration plan then surely we would use this money to add 2 more rigs. Please note the wording "INITIAL of 4 rigs" below. Besides, when we need to look for a CAPEX of $100M to build a mine, for example in the next 12 months, we only need to take care of $70M, the remaining $30M will be contributed by the vendor if he still wants to keep his 30% onwership. Its a win to win situation!
- Forums
- ASX - By Stock
- TSO
- TSO - Best Gold Explorer in 2021?
TSO - Best Gold Explorer in 2021?, page-386
-
-
- There are more pages in this discussion • 8 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
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
HCH
Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
Add TSO (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.80M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.3¢ | $21.07K | 619.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 269585 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 269585 | 0.033 |
1 | 23890 | 0.030 |
1 | 200000 | 0.029 |
3 | 140000 | 0.028 |
1 | 20000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 75000 | 1 |
0.035 | 322580 | 1 |
0.036 | 181818 | 1 |
0.037 | 125177 | 2 |
0.038 | 50000 | 1 |
Last trade - 11.54am 11/07/2024 (20 minute delay) ? |
Featured News
TSO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online