wonmunna drilling update ann, page-7

bci only has a slightly higher market cap than tlm's though.

but clearly the market didnt like tlm's announcement.

i suspect they thought the 44mt was a bit low which it was but sheesh the 28mt dso component was right on expectation i would have thought ....

so it does look cheap at the moment thats for sure, hopefully by end of november we can get another 15- 20mt or so of dso from smm and cmm (mostly cmm i reckon) and increase the total tonnage to around 90-100mt...

i think they need a minegate deal fast or there could be no love at all for tlm imo...