It is cheap, very cheap if there is no further downgrade of loss...

It is cheap, very cheap if there is no further downgrade of loss of contracts.
It is not cheap if another string of bad news arrives.

TTN is a very small cap mining service company which has won much respect on the good performance over the past few years.

But such a small boat in the rough sea is in very high risk if things turn out of control.
MAH, AAX, EHL and probably FGE, all are telling something.

It can be a big win at 52c, but it is too early to call it is screaming bargain, just not yet.