Ann: EXCEPTIONAL WIDTHS AND GRADES FROM MAIDEN DRILLING PROGRAM, page-57

I was the number one critic at the start. So, I respect people that have a different opinion. At the moment, the share price clearly doesn't agree with us. But there are a few things TMT has:

1) high grades - grade is king
2) almost no shares on issue
3) cash in the bank
4) an acquisition flagged, whether it be cobalt or a battery sales division.
5) MOST IMPORTANTLY: the vanadium price. Battery-grade vanadium prices are at a two-year high. If vanadium becomes the next cobalt/lithium, forget valuations.