Member Info for TwoCents

I hope so too. Getting a bit bored watching this flatline while lots of stocks are rising. Bring on the JORC!

Good to see last month's production about the same as the 6 months to 31 Dec 19, and due to increase even more according previous RNS

Groover you missed some news - make your way to the RNS section on here and have a read of the Interim Results for the 6 months ended 31 Dec 2019. There was a bit discussed on here about it further back. Looking good for the future though IMO.

Something strange going on with LSE - the share price is quoted at 3.40, and the last trade is quoted as 13 Feb!

Don't get perturbed MrMarketMaker, it's nice to hear somebody being optimistic on occasion in times like these!

I wouldn't be surprised if the next RNS was that directors have bought more shares at these prices, considering that they bought a LOT of shares at double this price already. Although maybe they'll need to wait until the JORC report first, for insider trading concerns.

This share is setting itself up for a second crash methinks. Watch out.

I predict the share price will go straight to 10p today. All other fund raises recently sent this share to the fund raise price if my memory serves me correctly.

Sorry I used EBITDA, not net profit

I've just calculated the new PE ratio at 1.23 - am I correct? (based on 17th March closing price). That's the best PE ratio I've ever seen.

JP Morgan must think it's a good buy - they've bought more. RNS says 11th March, so they paid a lot more than it's currently worth. Must be a bargain now then!

This coronavirus thing is putting the world into a panic and economies around the world are grinding to a halt. Who is going to want to buy steel when nobody's building anything? Therefore, who is going to want iron ore?

Everyone says "buy the dips". That's easy with hindsight - the dip is blinking obvious on a historical chart. The problem is knowing when you're at the bottom of the dip in real time. I've had enough of waiting to find out, so bought back in again on Friday at 2.10. Panicked like everyone else and sold a while ago at 3.30, so even if we're not at the bottom of the dip at least I got all my share's back 36% cheaper than I sold them.

Regarding the Sales Director appointment, why did they not appoint one straight away when they had a saleable product late last year? It makes you wonder whether they didn't think they would need one, because they thought sales would come flooding in. It is now apparent that sales didn't come flooding in, so they have to go and hunt for them. Hope this guy can pull in some decent sales in what will now be a more difficult sales climate. People aren't going to think about EV's so much with such cheap oil prices.

marked10 it's not that long ago to remember the 1987 crash is it?!! I remember it - I was still at school then, but I had shares. I was (am still) in New Zealand. Our share market lost 60% of it's value in the 4 months or so that it took to reach its trough, but in the 3 years leading up to the crash, the NZ share market tripled in value.

...and 6th March 2018 it was nearly double that at about 1,000p!

I was sitting on an average of 6.88p for mine. Sold my last lot at 35p last week. Might get back in if they go too low.

I wouldn't follow any of what those clowns at Motley Fool say ever again. I have watched them pump stocks and then watched those same stocks crash. I fell for one of those pumps, and consequently I will not follow them again. I bought Elixinol Global (ASX:EXL) at $4.50 following their recommendation (they made a very strong case), only to then watch it completely crash and burn! Never again. There must be a reason why they have fool in their name.

My nerves can't take this share anymore. I bought in about four years ago at around 40p, then bought more, and more, and more - all the way down to 3p, averaging 6.88p by the end when I had 390,000 shares! It has become way too great a proportion of my investments. They bounce around so much they're going to give me a heart attack! My nerves won't hold to watch another share issue / cash call and have the price fall down again, so I'm out, except for a few tens of thousands of shares to keep an eye out and spread my investments. GLA

So if they hit 10,000MT, that equates to around $57M for the TREO once separated from the bulk shipment and extraction - is that right?