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Ann: Locking Down Infrastructure to Support Delivery of the MTMP, page-59

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Troydt

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16/08/23

17:34

Post #: 69377467
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Originally posted by RhysT: ↑

Without going into extreme details, and also not much point either way until TMT actually release the proper financial model,,, it can be put pretty simply why TMT and AVL's most recent figures were pretty comparable in spite of all the said positives of TMT vs neighbour.

a) AVL massaged their numbers pretty radically to bring OPEX down - See (unrealistically) high titanium credit and (unrealistically) low transport costs (re: deisel price used).

b) TMT released preliminary numbers which they have stated were on the conservative side and I didn't pick up anything to the contrary. Figures also didn't include additional resource from Southern Block.
Final metrics "expected" to be much improved,,, but I won't argue for that as who honestly knows until we actually see it.

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it included a portion of the deep resource at yarrabubba but did not include the “at surface material” that’s why the life of mine costs remained high.

once the at surface material is include and filled into the production schedule Tmt will be mining as soon as ground is broken

TMT Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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