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1.45% 35.0¢ technology metals australia limited

I agree the increase in resource should guarantee a increase to...

  1. alecfra
    3,637 Posts.
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    11/03/19
    10:34
    Post #: 37717030
    I agree the increase in resource should guarantee a increase to at lease 21 year mine life...but the surprise is the effect of the high sulphide concentrate. These two could result in lower cost on mining (better pit design), and the value of the sulphides could represent upto 20% initial cost saving of say $50-60m. This news should be worth the wait. All this should lead to quicker mining.
    TMT Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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