Talisman Mining Ord Shs TLM

Primary Symbol: TLSMF

Metals & Mining Industrial Metals & Minerals

Talisman Mining Limited is an Australia-based mineral development and exploration company. The Company is engaged in the exploration, discovery and development of opportunities in base and precious metals. It has secured tenements in the Cobar/Mineral Hill region in Central New South Wales (NSW) through the grant of its own exploration licenses and through a joint venture agreement. Its projects include Lachlan Base Metal and Copper-Gold Project, Mabel Creek Project and Yarindury Porphyry Copper-Gold Project. Its Lachlan Project encompasses approximately 7,100 square kilometers (km2) land position in the highly prospective Lachlan Fold Belt of central New South Wales. It also has over 1040 km2 of highly prospective tenure in Mabel Creek Project, which is a prospective for iron oxide copper gold (IOCG) deposits and intrusion related rare earth and battery metals mineralization. Yarindury Project is located 30km east of Dubbo in the Macquarie Volcanic Arc of central-western NSW.

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Talisman Mining Ord Shs > It is better to sell parts and keep the company around

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Post by dinkdestroyeron Dec 11, 2014 10:02am

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Post# 23218848

It is better to sell parts and keep the company around

in this downturn rather than sell at a distressed price. $2 Billion of sales and they are Ok. By cutting Capex to cash flow, and eliminating the dividend, they can manage just fine. They have hedges on part of their output as well. World Oil production decline is 7 Billion/bbls/yr, without investments, this will soon flip to shortages as soon.

https://www.bloomberg.com/news/2014-12-11/oil-spike-postponed-not-canceled-in-iea-view-on-lack-of-spending.html

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