Taylor Maritime Investme... Share Discussion Threads

[livewireplus] 26/4/2024 06:08

RNS out for Taylor Maritime Investments Limited Factsheet, Trading Update & Quarterly NAV

[energyi] 12/3/2006 07:28

SUBJECT: Very Heavy Debt Load Posted By: Raffles97
Post Time: 10/31/2002 17:18

Not sure where your facts are coming from since TMI took over the infrastructure from the Government that was walked away from by the outfit that put everything in place. The first operator was setup for very large scale fixed place production. TMI's game plan was to use smaller mobile plants to avoid some of the heavy costs involved in moving to a central location. Considering the huge field and infrastructure TMI setup for pennies on the dollar. The debt load is not terrible due to a lot of the money being put in by the Chairman out of his pocket or companies he controls. On a cash flow basis it's almost a breakeven situation and requires the occasional LARGE stone to generate profits.

Downside is the control by one person, the chairman but then he's dug into his own pockets to support the share price and the company.

UPSIDE, is the huge potential possible from the joint venture with RioTinto on the two properties. A viable find by RioTinto would immediately boost the value of TMI.

Agree that at the moment it's a hold rather than a buy but when it becomes a BUY I wonder if we'll afford the premium asked.


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[johndee] 18/9/2002 00:06

Up almost 19% today(17th Sept)in Canada.

[johndee] 15/9/2002 20:58

Should be TMG and not TMI as I was told. The price is all over the place. Should soon go up again though.

[johndee] 04/9/2002 16:39

Again it is among the fastest risers. 23.5 pence.

[johndee] 30/8/2002 10:19

7th highest riser. ADVFN don't even have it on their list. They don't seem to know it exists.

[johndee] 30/8/2002 10:18

Up 12.5% this morning.

[dark matter] 27/8/2002 15:30

Johndee,

Yes great little gold play and one with a huge advantage over other gold plays. It has a dual London/Toronto listing and will therefore track the gold price well. All Toronto listed gold stocks track the gold price well. None of the London gold stocks seem to pay any attention to it whatsoever. Makes you wonder if they know what they're digging out of the ground.

[johndee] 27/8/2002 15:23

Up again today. Now 47 cents to sell. No one in the UK seems to know about it yet as there have been no trades since it floated on AIM.

[johndee] 27/8/2002 15:23

Up again today. Now 47 cents to sell. No one in the UK seems to know about it yet as there have been no trades since it floated on AIM.

[johndee] 27/8/2002 15:23

Up again today. Now 47 cents to sell. No one in the UK seems to know about it yet as there have been no trades since it floated on AIM.

[johndee] 26/8/2002 22:43

Thistle mining has now been on AIM since 14th August. In Canada it has been rising again(Fri and Mon)to 45 cents. Here it is 19 pence and it is high time that investors took notice of this thriving gold play.