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STTCOMP TLM, FA LONG Talisman Mining SOI 186m Cap $37m Cash $12m...

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    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
 
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