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1.41%

7.0¢ todd river resources limited

Ann: Investor update July 2018, page-12

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gosouth

2,582 Posts.

39

16/07/18

15:40

Post #: 34371588
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Originally posted by kiwihiker ↑

The company had little visible activity preceding the recent drill campaign. My assumption is that has left people in the wings. That and TNG being a substantial party to the company after it split TRT out.

But having said that, the comms has picked up substantially over the last couple of months, and Will Dix is now visible and pushing out the comms now (instead of Paul Burton, also in TNG).

Dix has some good history with prior appointments - my expectation is that TRT will start to move out of the TRT shadows now. When you look at the cap, versus the prospects/tenements, and what they seeing with the current drilling already, this share price is very cheap. The recent CR to minimise dilution was a nice move as well. If they are indeed looking at selling some tenements, their cash value-to-capitalisation ration will be very solid.

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Yep all good
but someone is taking a sharp exit today
keen, when the TRT news looks good.
Doesn't have too many friends this stock
I hope that changes.

Cheers
Gosouth

TRT Price at posting: 8.8¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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