TTM 2.38% 41.0¢ titan minerals limited

You could be right mak. Do you see any value in the mill at all?...

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  1. 72 Posts.
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    You could be right mak. Do you see any value in the mill at all?
    Either from a production point of view or a sell or a jv? After all we paid $5m for it.
    I assume the proceeds from a sell would only go to pay of debt so nothing left for shareholders. The question is who and why would they provide this $800k facility with potentially another injection after some milestones/criteria is met. Is it fresh money or an existing holder in too deep to let it die.
    I don't care at this stage wether the stock trades or not since there won't be any buyers at $0.001 anyway. A consolidation is inevitable unfortunately but I hope it is way further down the track. I'm happy for it to sit at $0.001 for a while until the business is sorted out one way or the other.
    Generally I don't think a share consolidation is good but at least it will be traded again although at even lower levels.
    You can't sell it at the moment so treat it as a loss, move on and anything else is a bonus.
 
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Last
41.0¢
Change
-0.010(2.38%)
Mkt cap ! $81.34M
Open High Low Value Volume
42.0¢ 44.5¢ 41.0¢ $972.6K 2.327M

Buyers (Bids)

No. Vol. Price($)
2 7300 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 48500 2
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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