TTR 0.00% 40.0¢ tectonic resources nl

burnakura cash flow 3rd q, page-15

  1. 831 Posts.
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    Sarcasm gone wrong, whoops, tongue in cheek sort of stuff!!!!! Good too see some of you ext posters are still riding that PM reared high horse, but don't you think it is time step off and have a look around?
    Robo is a very smart man who makes some of the best, if not the best contributions on this site and is definitely onto a winner here! I'm glad some of you folk listen to him! Harlee your not too bad either, sorry for the last post but I couldn't resist!
    All that aside, RAV is certainly the dark horse here! TTR still have 50m in all directions on the lease that is 100% attributable to them plus the 100% owned processing plant!
    TTR will continue until it is uneconomical again(last time when Nickel was us$13000/tonne and burnakura was on the cards)
    In usual TTR fashion it is being completely talked down at the moment(refer to lastest release as highlighted in Robo's post).
    Even after Mincor spend their cash, the plant is still 100% TTR's which i think puts them in the box seat if mincor find some nickel and want to get things underway quick smart.
    Sure, 20% of ore is only attributable to TTR then, but with the nickel prices where they are at the moment you don't need a lot to make handy pocket money!
    TTR know the mine like the back of their hand and my prediction is that if things go ahead and Mincor spend the required amount to earn their 80%, TTR will manage the whole project with a possible plant upgrade by mincor to earn in on the plant too!
    How does that all sound?
    The quarterly should be interesting.....
 
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