TTM 2.06% 49.5¢ titan minerals limited

Hi Mitzu, good pick up, maybe coming out in next few days or...

  1. 479 Posts.
    Hi Mitzu, good pick up, maybe coming out in next few days or something.

    I previously stated I didn't think we would see 0,003 again after Harbour purchased the lot over several weeks to become a substantial holder but yes was wrong again.

    The presentation reads good as you would expect. Some of the wording is very ambiguous then there are some interesting points. One being this cut and paste piece from page 3
    Column 1
    0  
    Convertible Loans (June ’15)
    (Convertible at the lower of $0.008 or 20% discount to 10 day vwap)
    Is my interpretation correct in thinking that June could be a good time? I say this as there is a massive difference of 0.008 and a current 10 day vwap trading outcome.   Any views on this topic would be good.

    This point taken from page 4 in particular point 2.  What does from in 2015 mean? We haven't seen any good ANN regarding particular figures on output etc
     
    MIZ valued at less than 25% of the value of closest peers – latest Arrowhead research target 1.4 – 2.2c per share on gold business only
    Profitable gold and copper production – Existing revenue growing substantially from in 2015 with forecast revenue of + US$30M.

    Am still reading the rest
 
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