Short Term Trading Week Starting: 9th Apr, page-165

STTCOMP TLM, FA LONG

Talisman Mining

SOI 186m
Cap $37m
Cash $12m
EV $25m

Sold down by a seller wanting out I believe they are very close to done
Check again the EV, this is 30% of the highest grade copper mine on the planet
MONTY JV with SFR 70%
Is now cheaper than when they found the bloody thing
They are cashed to production
As they progress the ahead of schedule decline it will allow better access to some choice drill points, and here lies the real cheese imo
This is a bornite present copper system
surely being sized up from above

As it is TLM share is 280k tonnes @ 8.7% Cu
For 24kt Cu, 13k oz Au

Other interests too particularly in NSW