TMT 1.45% 35.0¢ technology metals australia limited

Technical Insolvency ?, page-28

  1. 218 Posts.
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    Sold PUR around two weeks ago on the massive jump in share price. My main holding is ANW and a reasonable parcel in WFE for what it is worth and a few smaller holdings. To answer your question, I was worried about a lot of things re PUR, could not believe a rise from 2.7 cents (my average to over 6 in a couple of days. I don't intend to invest in PUR again. 

    However does how many weeks / months of funding does PUR have if you want to compare apples with apples? Are you comparing stages of resource development or runway days? Of course PUR needs to spend heaps to reach the same stage as TMT and some of the sites are in the equivalent of a protected zone, so expectations on developing a mine could be a lot longer than PUR thinks. M

 
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Currently unlisted public company.

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