Coast, the guidance you seek hasn't really been thrown around because such estimates would not have proven to be smart business when seeking mining licence approval. The best case model i have shows that with current IO prices, TI1 could, in an almost perfect senario, return the current market cap in dividends in 1.3 years. I'm still bullish on IO. This company has pulled off an amazing effort to build the infrastructure and obtain permits in record breaking time. I wouldn't call TI1 a spec stock anymore, but there are risks IMO. These relate mainly to sovereign risk associated with local and political unknowns. Market cap gain will be in upsizing and moving to processing lower grade ore. The company has cash. As TI1 proves itself i believe we can also see some love from divi yeild hunters including some instos. The next few quarters will be very exciting time. All IMO oh and finally my understnding is that TI1 will have a lower COP compared to FEX.....less digging apparently
TI1 Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
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