TTR 0.00% 40.0¢ tectonic resources nl

am i correct or kidding myself

  1. 3,159 Posts.

    So let me see if I understand this correctly… Correct me if I'm wrong.

    2.1-Billion plus Proven Reserves
    Diversified in Gold, Silver, Zinc, Lead, Nickel
    Close to transport

    20-Million Market Cap
    Price Per Share 8c
    Net Tangible Assets 10c

    Debt and Liabilities 1.1-million
    Cash In Bank 5-million

    Experienced Management
    Management with large personal share ownership

    Once Production Starts, if they dig up 5% of metal per year (Based on current proven reserves)
    Revenues of $100,000,000
    Mine Life of 20-years

    So Revenues per year would be 5-times the current market cap. Some pretty good EPS.
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