Fair and reasonable to have expectations of a 45-50c ( circa $50 million market cap ) short term price target based off current fundamentals. I base that off an investment I have in a lithium company (Company X )( I guess you could check my posting history if you want) Company X Market Cap $50Million TMT Market Cap $35 million Nearly a billion shares 120m shares Inferior PFS and 1 year from a DFS Excellent DFS Appalling capital management and Management that delivers an accident prone BOD No off take agreements or MOU's Binding BOA plus MOU's
Now add potentially in the coming weeks and months for TMT
Further off take agreements
Funding progress announcements
Vanadium becoming trendy again as the world recognises the significance of VRFB's
Dalian China Battery and proposed California Battery will need +10% of last years global output
Consequent V price rise also fuelled by increased steel demand from stimulus spending
Boy oh Boy this could be good
TMT Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held