TMT 4.55% 21.0¢ technology metals australia limited

The most notable piece of info out of china this week from fast...

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    The most notable piece of info out of china this week from fast markets A Chinese source stated "we are approaching our cost levels where we make zero profit." We were not willing to drop the offer prices any lower. Any extra supply comes from china and there costs would be in the $7 - 8 range.

    This is outstanding news for a company will costs in the $4 - 5 range like TMT. Come DFS time when costs have improved and outlined all shall be known within a 10 % margin.

    TMT looks to be in good shape in the wider market as outlined. Costs of $4 per pound at these prices still make 70 - 100% once all production costs are known.

    Onward and Upwards!

    With an increasing V price TMT can only gain value. 1.4 billion @ $13 / pound pre PFS 12 - 18 months ago. Has to be worth at least $500million MC now.
 
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