Regarding the email aspect, here is correspondence below that I had at the beginning of January (almost 2 months ago now).
You will note that Ms Brown did not address the critical issue of funding. I found this answer to be unhelpful and meaningless. I did not disclose my position and shudder to think if this is the kind of response potential investors are given...
I think they're in big trouble to be honest and am treating my investment as a write off at this point,
They seem quite delusional to me, on one hand they want to turn this into a billion-dollar company, but on the other do not want to provide any relevant metrics to justify.
The notion of this being a potential long-term hold is becoming more and more farcical each day. At this rate drilling campaigns are likely to run up costs in the $50-100 million range and take over a decade to complete. I think their only option at this point is to sell 1 of the 3 major prospects (at a significant under-value).
I keep thinking "it's alright they know what they're doing". but then you get emails like below or see an interview or the next public announcement and it seems that they have no business acumen. I'm betting Marsland resigned over the Dynasty JORC issue.
I wonder if we can collectively scrape together a 5% interest and call a general meeting would need to collectively have roughly 70,000,000 shares. I'm surprised some of the major holders haven't already done this.
Sent: January 4, 2023 7:35 PM
Dear Ms Tamara Brown
Would it be possible to gain some insight as to TTM’s plans moving forward into 2023?
Most recent announcements indicate ambitious plans to upscale 2nd stages of drilling at Linderos. No doubt at a considerable cost.
Curious how TTM proposes to navigate this considering cash likely to run out before significant increase in SP, noting SP has been depressed since the announcement that TTM was no longer prioritising the finalisation of Dynasty JORC.
From: Tamara Brown
Sent: Friday, 6 January 2023 3:15 AM
Thanks for your email and your interest in Titan. I’ve cc’ed Matt our CEO who is well placed to answer in more detail if needed.
We have been encouraged by the results to date from our Linderos drilling program, but we have not yet finalized our 2023 drilling program. We would like to be in a position to advance each of our core properties in 2023 and look forward to disclosing those plans in upcoming releases.
Kind regards,
Tamara
(20min delay)