Looks like TSO favours the HNS pattern, the pattern you have highlighted is a inverse HNS which is a bullish pattern the one i have highlighted previously here is a normal HNS which is bearish, however you can see that once it broke the neckline it didn't actually fall that far back, should it occur again i imagine a similar scenario would play out given the FA, on that...
@karmalocust I have been keeping an eye on TSO anns but haven't properly had a look until now, I have highlighted some of the higher grade strikes below, what seems to be forming here is a very large lower grade gold resource, given the favourable jurisdiction and great strike lengths this resource will no doubt go to mine, either by TSO or a takeover party.
More huge lower grade hits
Given that cash on hand should be around the $9m mark ($5.9m held last half year plus $4.4m raised, allowing expenditure) There should be no fear of a cap raise holding this back, and i personally wouldn't worry too much about what the chart does short term as this looks like a great long term hold and will no doubt deliver multiples of value at this purchase price over the next few years, IMO - Dyor, Good Luck holders ! might be joining you soon
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TSO fair value? Short term target 30c, medium term 60c!, page-289
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.42M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 175000 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 183247 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 175000 | 0.029 |
3 | 683836 | 0.028 |
2 | 1099970 | 0.027 |
5 | 880652 | 0.026 |
3 | 560000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 183247 | 3 |
0.032 | 140625 | 1 |
0.033 | 80000 | 1 |
0.034 | 355000 | 2 |
0.035 | 331793 | 2 |
Last trade - 10.30am 24/07/2024 (20 minute delay) ? |
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