In the Short-Run, the Market Is a Voting Machine, But in the Long-Run, the Market Is a Weighing Machine
Our day will come.
TIE is at the PFS stage only, still to do the DFS, arrange finance, then spend US$230m to build the plant. Then they have to hope the recoveries (they quote a high 96%) work out to achieve their figures and there is no blow out in capex. Stating the obvious, we have the plant, know the recoveries and made a profit last year - paid tax
And don't forget the World class lithium project
FFX Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held