completely and respectfully disagree, haven't had a spike yet or...

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Therookie88

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07/12/18

12:17

Post #: 36783589
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Originally posted by jules1970 ↑

I expect to see this hit mid to high 20's prior to next major capital raising.
While it's a great ore body, there is still a significant volume of work to do and capital to be spent before any mining happens.
Time and time again I've seen the same thing play out, there are some handy charts around showing the life cycle of a small mining company from exploration through to depletion of resource.
I believe TMT has entered the feasibility zone as per the well known (and often posted) chart below.
Not predicting a time frame, just believe it will happen.

Certainly not trying to bait anyone, just pointing out that the current share price may well retract a little before ultimate success.
Not a big deal if your a long term holder but frustrating if your investments are measured in months not years.
I personally believe the project is extremely robust, management solid and Vanadium fundamentals looking good and TMT will be ultimately successful, however am looking for and expecting a better entry price.
Regards
Jules.

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completely and respectfully disagree, haven't had a spike yet or any sort of hype...just look at the relative value, our highest market cap has been what 70 million? most companies reach close to NPV during development.. our NPV Is 1.2 billion

TMT Were never an explorer they listed with the purpose of proving up a known deposit in a commoditie they predicted would be in Demand in the future and would have completed a DFS within 2.5 years..

that chart does apply to some companies like PLS... who ran to NPV value pre DFS retraced 60 percent then ran again during development..

don't think it compares to TMT the real re rate will happen when we secure offtake with some sort of funding attached..

TMT Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

7 Great analysis

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completely and respectfully disagree, haven't had a spike yet or...

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