Beer & Co April Report, page-89

What I find amazing about this thread is that Dingo was correct in the further delays to TT. In fact TT has and is an absolute disaster.

However it is an asset we still own and the price of tantalum has risen from $US121/kg in October last year to a current $US195/kg.
This of course brings 2 thoughts, firstly if it is profitable to mine, then with all the plant there, then why are we not mining it? Secondly, if there is no intention to mine it, then why not flog it off to an up and coming miner that needs a project. If current prices are profitable, then it should drag in a pretty penny that can be used for construction of the main game.

IIRC Tabba Tabba had a forecast cost of $34/lb and the current price is about $118/lb, so there is plenty of profit in there for someone.

A sudden announcement out of the blue about selling it for $20-30m or mining it for a good profit could put an absolute rocket under our share price.
Pity I didn't look at those numbers before talking to Ken. I'm sure it is not on their minds at all at present, but it could pay handsomely for someone to look at it. We certainly have the cash to get it going if it's a money spinner, OR at least put the for sale sign on it. Now that GAM are owned by Min Res, a mining company, they might be interested themselves.

It is an asset we have sitting doing nothing but gather dust, with a good tantalum price in $Aus, it is a good time to flog it to someone, or mine it.

Amazing what thoughts old threads can bring up!!