TMT 1.45% 35.0¢ technology metals australia limited

Technical Insolvency ?, page-8

  1. 868 Posts.
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    with speculative mining companies that are not in production (ie no income producing) do not fall
    into the 'insolvent' category. They are companies that are looking for finance continually, with large
    potential large revenue to come, if financed.

    If not considering the above then about 1/2 of resource stocks a few hundred (ones not in production) are technically
    insolvent, and the ASX should investigate.

    Matricks, you are probably an industrial sector investor, new to resources and is unsure how this sector works.
    Last edited by thebeautifulstyle: 07/02/19
 
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Currently unlisted public company.

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