RE: Valoración16 Nov 2024 10:31
Jsr,
Your valuations coincide with the TLW Sp prior to late 2019, when there were those two disastrous RNS. Even in the lead up to covid this was around 60p.
Since then. Kenya stalemate ( they couldn't even sell it for $400m), tax disputes, dismal production and lack lustre updates have been the norm.
More concerning were the terms that TLW were agreeable to regarding the T/O, the dilution was severe but few on here mentioned this. Likewise, when SB reduced beneath the reporting threshold they didn't see the warning signs.
I see this at around 60p by Easter.