AUR 0.00% 0.7¢ auris minerals limited

The ore sales deal TLM secured under the JV is actually very...

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    The ore sales deal TLM secured under the JV is actually very good. A reasonable ore treatment fee being charged by SFR, full exposure to metals pricing (has gone up about 10% since PFS) and TLM should take around $60 mill after costs from the resource with a bit of upside there because the resource remains open & more drilling to come.

    But the market doesn't even want to value TLM at the cash coming their way, probably because it's viewed as a once-off that may simply be burnt rather than a long term business model.
    Last edited by SuperWealthy: 20/05/18
 
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