Ann: Trading Halt, page-32

First 32 Last

Share
Profile

Follow
Therookie88

1,017 Posts.

209

27/03/19

19:17

Post #: 37905399
Share

Originally posted by Io: ↑

I looked at the long section in todays presentation to see how the oxide and transitional material varies along strike. The cross section you have posted will be the best cross section with the least amount of oxide material (and I would do the same thing if I was TMT). However, the long section shows that the oxide material and transitional material goes a lot deeper for most of the resource than what is shown on the cross section you posted. Even on the cross section you posted it shows the fresh material is mostly deeper than 50m depth. Either way its only the massive, fresh mineralisation that the mass recoveries are very high, so TMT need to get into that ore as fast as possible. Having to process disseminated oxide material, however much ends up being in the ultimate open pit, is going to hurt cash flows.

With the base metal circuit TMT is suggesting they will add to the plant, they probably don't have an option about whether they add it or not. They will have to take out the base metals in order to make good quality V2O5 flake. If they can make money out of the base metals so much the better. The issue will be will the base metal circuit carry its cost of capital and how much capital does it add to the plant? We will have to wait and see the results of the DFS.

Expand

cheers for your input, I remember from
a company announcement that the costs attributed to getting the base metals concentrate was assigned to the vanadium processing... as for capex Anyone across what AVLs capex was for there base metals circuit??

TMT Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

CAF

IP anomaly thrills Cannidah with project extension hopes in QLD

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CMB

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

C1X

iTech inks deal with Chilean lithium giant to progress Reynolds Range

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

There are more pages in this discussion • 6 more messages in this thread...

First 32 Last

Add TMT (ASX) to my watchlist

Ann: Trading Halt, page-32

Top Stories

IP anomaly thrills Cannidah with project extension hopes in QLD

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

iTech inks deal with Chilean lithium giant to progress Reynolds Range

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

Featured News