ITM 1.49% 6.8¢ itech minerals ltd

Ann: 99.99% Spherical and Flake Graphite Produced from Campoona, page-22

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  1. 1,702 Posts.
    lightbulb Created with Sketch. 305
    Great post mileraFC,
    Its interesting that from the early Archer Exploration days and the drilling of Campoona; that we actually stopped drilling as we had enough to good results to establish a resource....!!!
    They were always very confident that the resource was much bigger than that what was drilled and chose to save their $$$ as we had no off take at the time plus people been bitten by the company down the road that went in to administration...
    RNU where also starting to make a presence in the area and continued on as Archer changed focus...
    RNU have a market cap of:
    https://hotcopper.com.au/data/attachments/4677/4677273-23d14de025c9eb49fd539088bb0452f9.jpg
    As of today on the CommSec web site....

    ITM as of today has a market Cap of;

    https://hotcopper.com.au/data/attachments/4677/4677284-502cd5b06606e8bc414703e82afa5073.jpg

    Thats 16X differance - now Im not saying that ITM are equal to RNU but ITM through the works of Archer Materials is much more advanced than people understand and even at 50% discount to RNU SP would put ITM at $3.12 or at worst a 75% discount = $1.56...

    Lets see how Mike moves this boat forward now we have great updates on both fronts....!
 
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