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.
TMT Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held