TMT 1.45% 35.0¢ technology metals australia limited

Ann: Trading Halt, page-58

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  1. 701 Posts.
    lightbulb Created with Sketch. 40
    That was 10m $$, not shares ands very very rough in my head and a bit of time killing waiting for info re the CR
    I was just musing that someone wanting to secure their Vanadium supply into the future would be wise to put a big foot into a company now not necessarily TMT but in the case of TMT. In share terms if they picked up 20million at 70c it would cost them only $14m it would take the shares on issue to 103m and keep them a tad under the 20% figure that would trigger a T/O bid as well as block any outside T/O attempts. From a TMT point of view they don't need to worry about finance until some time past the DFS.

    This Company is going to be worth north of $1B when its in production It will only happen by spending a lot of money.
 
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Currently unlisted public company.

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