Monday musings while in the office - went back and re-read the ann - liked these bits highlighted.... Indium will be in the know and want to get the tech going asap to help build their business more....didn't realise they helped source feed stock so that ticks a box for sure....
The potential issue is that Indium are not a publically listed company (I don't think??) so there is not much transparency there to assist the market to understand the $ involved to, and the potential impact on, the MTM EV.
IPX going fairly well again (good ann today for them) - titanium going strong - but does the market understand the connections to MTM tech? If they don't understand that, then any growth in IPX is fairly mute to MTM investors? (or at least to the marker perception of MTM I should say)
Indium have provided a letter of support to MTM for small DOE grant ($3-10M) funding but I couldn't see anything re IPX and/or DOD applications ?(please post if you do) . At least the Indium connection will help grease the political wheels a bit. An ann would be favourable but it is only a small amount.
The design should be finished "end of Feb" so only 11 days left. Sourcing locations for the plant ongoing. Not sure if these will move the dial at all and price may have already build that in. Maybe announcements of further test work / optimising and other feed stocks (REE, lithium etc) could keep it sliding more...?
Hmmmm maybe stagnating SP through to completion of the plant end of this year - could be a long wait (4 weeks is a long time in the market universe!!)
Now its through the 50MA and 50fib, am not sure what could make it stop at the 61 fib ? and bounce up tbh - needs an out-of-the-blue, curve ball announcement methinks. Anyway I am not wise or smart enough to time the market so am still in atm.
GLAH
