TTW released an investor presentation last week
SP 3.7c
Highlights as follows:
LME Nickel stores are declinging rapidly, demand (consumption) increasing from battery manufacturers moving to NCA 811
Assay results pending and further acquisitions to come
Little (no?) Chance of political risk with deposit in Canada
Undervalued compared to peers (e.g. SGQ, CZI )
$3.75m cash to advance projectsMC c$7.5m
Performance rights on offer at 7.5c and 10c
Further research also shows Tolga has snuck into the T20
Appears as though a holder was unloaded last few weeks which looks to have dried up. Previous high was 6.5c with clear skies after that
Disc: Held (and buying under 4/5c)
Short Term Trading Week Starting: 5 November 2018, page-82
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