TUL - Tulla Resources
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Tulla Resources (ASX:TUL) - Stock Price, News & Analysis - Simply Wall St
Research Tulla Resources' (ASX:TUL) stock price, latest news & stock analysis. Find everything from its Valuation, Future Growth, Past Performance and more.
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Can this share really be 93% undervalued?
Website: https://tullaresources.com/
Once the very elderly Norseman Gold PLC. Suspended for about 8 years due to horrendous problems such as mining deaths and mine collapse and then shareholders saw a consolidation of 1 share for 600. On top of that the shares fell from the 90c reissue price to rub further salt into many wounds. A disaster for shareholders though survival was due to the efforts of Tulla Group.
Times look to have changed so just maybe it can rise from the ashes of despair.
RE: " Can TUL really be 93% undervalued ? "
Tulla Resources (ASX:TUL) - Stock Price, News & Analysis - Simply Wall St
Research Tulla Resources' (ASX:TUL) stock price, latest news & stock analysis. Find everything from its Valuation, Future Growth, Past Performance and more.
Can this share really be 93% undervalued?
Website: https://tullaresources.com/
Once the very elderly Norseman Gold PLC. Suspended for about 8 years due to horrendous problems such as mining deaths and mine collapse and then shareholders saw a consolidation of 1 share for 600. On top of that the shares fell from the 90c reissue price to rub further salt into many wounds. A disaster for shareholders though survival was due to the efforts of Tulla Group.
Times look to have changed so just maybe it can rise from the ashes of despair.
Short answer is Yes!
Fattail investment research calculate TUL intrinsic valuation at $1.20
PLenty of positive news flow to come leading up to Gold production scheduled by August this year.
In addition.. check out Mineral Resources (MIN) announcement 22/04/2022
" MinRes has a binding term sheet with Pantoro Limited (ASX: PNR; Pantoro) and its joint venture partner Tulla Resources
Limited (ASX: TUL) to explore for and develop lithium deposits in a joint venture across the Norseman Gold Project tenure,
in Western Australia’s Goldfields region.
MinRes commenced an exploration drilling program at Buldania during the quarter. A total of 59 RC holes for 6,026m have
been drilled to date "
TUL has a free 17.5% stake in this Lithium project that didn't cost them a single cent - we should be hearing some drilling results soon.
Cheers tela
Can't believe my luck picking up more TUL this morning @ 0.60cRE: " Can TUL really be 93% undervalued ? "
Short answer is Yes!
Fattail investment research calculate TUL intrinsic valuation at $1.20
PLenty of positive news flow to come leading up to Gold production scheduled by August this year.
In addition.. check out Mineral Resources (MIN) announcement 22/04/2022
" MinRes has a binding term sheet with Pantoro Limited (ASX: PNR; Pantoro) and its joint venture partner Tulla Resources
Limited (ASX: TUL) to explore for and develop lithium deposits in a joint venture across the Norseman Gold Project tenure,
in Western Australia’s Goldfields region.
MinRes commenced an exploration drilling program at Buldania during the quarter. A total of 59 RC holes for 6,026m have
been drilled to date "
TUL has a free 17.5% stake in this Lithium project that didn't cost them a single cent - we should be hearing some drilling results soon.
Cheers tela
Can't believe my luck picking up more TUL this morning @ 0.60c
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Yeah that looks a pretty low risk buy at the moment. There is a Seller happy to Cross-Trade into 0.615 today so depends on how much he/they are looking to offload. Medium - Long term looks healthy though so I'm in accumulation mode as wellCan't believe my luck picking up more TUL this morning @ 0.60c
Good observation @barney as likewise, I bought more @ 0.585c this morningYeah that looks a pretty low risk buy at the moment. There is a Seller happy to Cross-Trade into 0.615 today so depends on how much he/they are looking to offload. Medium - Long term looks healthy though so I'm in accumulation mode as well
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0.58 looks the short/medium term line in the sand now so that should turn out an excellent purchaseGood observation @barney as likewise, I bought more @ 0.585c this morning
Finally some potential "good news" announced just now regarding funding etc.0.58 looks the short/medium term line in the sand now so that should turn out an excellent purchase
$21.5M secured credit facility funding approved & ready to rock n roll.
AUD Gold price up again overnight @ $2,686
P.S. We should be getting close to hearing news about Lithium drilling results undertaken by our MIN joint venture - I'm excited about our Lithium prospects as well.
AUD Gold price up again overnight @ $2,686
P.S. We should be getting close to hearing news about Lithium drilling results undertaken by our MIN joint venture - I'm excited about our Lithium prospects as well.
Trading Central has detected a "Hammer" chart pattern formed on Tulla Resources (TUL). This bullish signal indicates that the stock price may rise from yesterday's close of 0.58c
The price may have reached the bottom of the recent downtrend, having recovered high up from a sharp decline for the session.
This bullish pattern was detected by Trading Central proprietary pattern recognition technology.
Already gained +12% on big volume!TUL tipped/recommended by Fattail investment research newsletter last night - market "buy depth" has doubled this morning!
Cheers tela
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Exciting times as we await numerous lithium assay drill results pending.. due any day now so bring it on!
Holding up nicely @ 0.585c +2.63%
Strong buying depth sitting patiently wanting in @ 0.55c/0.555c
Noticed big bids stacking up this morning wanting in - pending lithium drill results due any day now
Meanwhile, Aussie Gold price up overnight to $2,608 +1.02%
goldbroker.com
Meanwhile, Aussie Gold price up overnight to $2,608 +1.02%
Gold Price in Australian Dollar (AUD) - Live Price and Historical Chart | GoldBroker.com
Gold price in AUD (Australian Dollar). Historical chart and real-time quote (live price per gram, ounce, kilo) on the LBMA, yearly performance in Australian Dollar.
goldbroker.com
