Nothing personal against TMT I’ve traded it a few times, you just need to know when to fold. I don’t think vanadium in Australia is ever going to be as profitable as other countries that have better met results and lower impurities. Further to this, we’re about to go into an absolutely shocking downturn in investment in construction, housing and infrastructure and people believe that Vanadium still has the demand for it to outstrip the supply from companies that have opex costs of like $2/lb, joking.
The teams made progress, albeit slow, and I think TMT has better potential than other Australian vanadium mines so I’ll give you that.
Good luck.
TMT Price at posting:
36.0¢ Sentiment: None Disclosure: Not Held
