Last night I went back and read some reports from Largo in 2010. The initial scoping of the project was almost the same. They at that point in time completed two tranches; one from memory for about $5m at 17c and the other for I think $7m at 22c. They had also factored a 2018 ferroV price of $50 a kilo, currently about $130. I think this may pull back a little but not under $100. What I'm getting at is theoretically given there same positioning TMT is strangely better placed, due to the changing environment. It's going to get exciting and quickly for TMT shareholders.
NL.
TMT Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
