TMT is running lean on costs and progressing rapidlyOnly A three...

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03/11/18

20:10

Post #: 36380778
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Originally posted by 7benson7: ↑

Interesting to see the outrage over AVZ directors fees and rights the last 2 days and quite rightly so.

Exactly the opposite here and something worth touching on, one of the tightest ships you'll see on the ASX in fact.

$77 wages & $287 admin. $364 quarterly burn. Big money directed on value add activities, i.e. a game changing PFS and drilling to possibly double indicated resource (per my calcs earlier this week).

To put this in perspective it's worth doing a sector survey to find which are the most productive teams putting their shareholders first.

Alphabetically for majors, all that I've skipped I'm sure you can check :

¤AEE : $166 + $237 = $403
¤AVL : $217 + $225 = $442
¤KRC : $61 + $389 = $450
¤POW : $149 + $199 = $348
¤SRN : $0* + $319 = $319*
¤TMT : $77 + 287 = $364
¤TNG : $371 + $592 = $963
¤TNO : $138 + $281 = $419

*SRN Non - executive directors payrise from $144 to 350 p.a plus received 127m shares in the past 3 years.

Most are actually doing a great job here, nowhere to hide for those leaking and a massive pat on the back to the TMT team. As with every metric I put against this company we come out right at the very pointy end.

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TMT is running lean on costs and progressing rapidly

Only A three man team managing a project of specialists and independent external consultants to get us our DFS. Everything is directed to our goal of getting there fast

Have to chase that elusive getting to vanadiun production milestone

TMT Price at posting: 51.0¢ Sentiment: Buy Disclosure: Held
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TMT is running lean on costs and progressing rapidlyOnly A three...

Top Stories

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Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Scientific conference spotlights PYC's work on blindness disease treatment