TLM 20.0% 12.0¢ talisman mining limited

billion ton iron potential 4 deposits

  1. 3,702 Posts.
    lightbulb Created with Sketch. 384
    U must read the TLM quarterly released on Friday. TLM has outlined four very major targets 2 Marra Mamba 2 CID. IMHO and my very speculative interpretation the total tonnage on those four targets could exceed +1 billion tonnes. Why do i say this?

    West Angeles is 10 kms along strike to the West at 924 million tonnes iron ore, Hope Downs at 400 million tonnes and Area C 820 million tonnes ( 13 and 20 kms to the North). These are all Marra Mamba formation mines. Assuming that the TLM targets are similar sizes then u go over a billion tonnes of potential (based on the measurements supplied by TLM on their targets).

    By comparison FMG has a 1.1 billion tonne resource (but with massive areas for more potential mines than TLM) and is valued at arounf $14 billion. TLM fully diluted is $76 million. This one is very speculative but may have lots of upside. Good luck to all longs
watchlist Created with Sketch. Add TLM (ASX) to my watchlist
(20min delay)
Mkt cap ! $22.39M
Open High Low Value Volume
10.0¢ 12.0¢ 10.0¢ $103.1K 930.8K

Buyers (Bids)

No. Vol. Price($)
1 10000 11.5¢

Sellers (Offers)

Price($) Vol. No.
12.0¢ 619 1
View Market Depth
Last trade - 15.57pm 25/09/2020 (20 minute delay) ?
0.020 ( 0.00 %)
Open High Low Volume
10.5¢ 10.5¢ 10.5¢ 41500
Last updated 11.38am 25/09/2020 (live) ?
TLM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.