Hello. Returning to the previous PTR 19/11/24 announcement (below), basic maths shows:
1. 65% titanium content of the ore 2. 23% iron content (Fe2 O3) of the ore 3. The titanium content is 21% rutile, 69% pseudo-rutile and 10%other. 4. Therefore, the rutile content is 21% of 65% = 14% of the ore 5. Therefore, the pseudo-rutile is 69% of 65% = 45% of the ore 6. The iron content is around 23% of the ore therefore the pseudo-rutile might be 45:23 titanium:iron ratio. 7. Thus as Peter Reid said at the AGM, a possible two parts titanium to one part iron product; which blows SFX out of the water.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)