Has been a tough few months for TM1 but hopefully the worst is behind us.
These VRFB batteries could definitely be a game changer for TM1 - and it's not exactly a tech that began its journey last week.
Here is another
article re these batteries, and there's a strong Aussie connection.
It may also be worthwhile for TM1 followers to have a gander at Largo, a Canadian-listed vanadium/titanium producer in Brazil.
Compare their grades with that of TM1, yet they have no PGE3 or Cu.
Granted, unlike TM1, they are close to port.
The met work will be key for TM1 & in Evan Kirby, we have the best in the business working on it.
The joker in the pack is the DD hole into Cronus.
Re the poster who keeps inferring the price is being manipulated for a CR; given that the company won't be drilling in Q1 (& if so, it'll only be toward the end of March), I don't see any desperation to raise funds.
By that time, all assays should be released & who knows, maybe the met can come in also.
EK was first mentioned in the report of 20/6/24 & in the 17/7 report the company outlined that DD would be used for, amongst other purposes, met work.
DD began on 30/7, so let's say EK, who according to the report of 20/6 had already started preliminary met work, received core some time in November, met results could be with us sooner rather than later.
Full disclosure: I know very little about the met process. I'm just assuming what I hope to be reasonable timelines.
Again, if the met comes back positive, it's game on & I believe the company will be able to put away a CR at a much higher level that the last one of 6c.
Perhaps more importantly, it may be able to do so to a strategic investor.
That TM1 ever traded at 1.9c was a joke IMHO, but so be it.
Anyhow, a new year & new hope.
(20min delay)