Firstly the market cap is the full 60 mm shares times the sp, so $11 mm if you take 18 cents (or $10mm if 16.5 cps).
For some reason the autocalc features on many sites seem to only be able to use the shares free to trade on the ASX (which can also trick you with dual listed stocks like BHP too).
I appreciate your comments on the porphry systems as I am totally illiterate geologically - but have figured that if the geology looks promising enough for Chris Bonwick and IGO's exploration manager then it might well be worth my while (at least when it was 16 cents).
Not yet decided whether to buy more, might wait until we see something more encouraging even if it means paying well into the 20s, or get further sp weakness before the next round of news. Not likely to do the former as I will not have the skills to make a quick judgement call.
Anyway the best stocks often get the hot copper cone of silence.
EL
TRL Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held
