Well, lets just think about this a minute...... .... far a non-shareholder, you're very passionate about this, That aside, lets take a step back and look at the claims.
What industries make use of Titanium Metals, well, no brainer, Aerospace, Defence, Space ....... and why do these industries use it ? Well, It's light, strong, tough, doesn't corrode etc. ....... and why do they use it sparingly at present ? Well ... it's a beast to machine, pretty much impossible to cast and very expensive using conventional methods. ....... So are they showing keen interest in TKF and TTT ? Yes ! and so they should. it will make complex shapes possible in Ti and cut costs in producing parts. ....... So can NASA, Defense and aerospace companies use a process they have not tested rigorously and approved ? No. ........ So being approved and the material properties research standardised is required ? Yes. ........ Are Ti Parts used in the B1, FA-18 ..... etc. Yes
......... Would manufacturers and NASA have a keen interest in/want to make parts of Ti Cheaper if they could (once it's quantified/standardised) ? Yes
......... Would Shipbuilders be interested in using Ti (once it's properties using the TKF process are standardised) Well, would a non-corroding hull be of interest ? Or stronger propeller/impellers ? Or a host of other applications in marine where something immersed in salt water would not corrode out ? Yes ......... Are the companies showing interest billion dollar companies ? Yes ...... hard not to be a Billion Dollar + company if you're making fighter aircraft for $100M a pop Ships for $500M+, Submarines for $XXXM a pop, so yes, this the big end of town. And with the big end of town operating in a regulated manner, due diligence is expected on the materials and processes used. Do you expect an aircraft manufacturer to look at a news release and say "get me some of that and bung it on a plane somewhere" without doing due diligence ? No !!!!
Onto Calloway, is it a major golf manufacturer ..... Last Time I checked .... yes, I've used their clubs myself, the Titanium "Big Berthas" are awesome ! Are the bike companies being courted/partnered with big names in the industry Yup !
So it looks like the claims kind of stand up ......
..... and the company strategy seems to be running more or less to schedule as outline in the prospectus.
So ...... What's the problem ? Were you expecting huge revenues just after the float ? What other companies doing Ti printing are making huge revenues already ?
If this concerns you I'd suggest you stick to investing in something more ..... "conventional".
DYOR .....
Shoe
TTT Price at posting:
$1.62 Sentiment: Hold Disclosure: Held
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